CATHAY PAC AIR (00293): Cathay Pac Air and Hong Kong Express jointly carried over 3.2 million passengers in October, representing a 21% increase from the previous month.

CATHAY PAC AIR (00293) announced the passenger and cargo volume data for October 2025. Cathay Pacific's Customer and Commercial Officer, Liu Kaishi, said, "The group's passenger and cargo business performance in October continued to be strong. CATHAY PAC AIR and Hong Kong Express collectively carried over 3.2 million passengers in the month, representing a 21% increase compared to the previous month. Cathay Cargo carried over 150,000 tonnes of cargo in October, a 12% monthly increase. "At the same time, we continue to expand our global route network. CATHAY PAC AIR opened daily direct flights to Changsha in November, as well as seasonal flights to and from Adelaide three times a week. Hong Kong Express will also start daily flights to and from Kota Kinabalu (Sabah) later this month. Jiangxi Guotai Group will operate about 330 flights per week between the mainland and nearly 100 flights to and from Oceania, as well as over 430 flights to and from Southeast Asia during the peak winter travel season." In October 2025, CATHAY PAC AIR saw a 29% increase in passenger volume compared to the same month in 2024. Available seat kilometers increased by 26% year-on-year. In the first 10 months of 2025, passenger volume increased by 27% compared to the same period in 2024. Liu Kaishi pointed out, "There was strong demand for passenger transportation in October. Benefiting from multiple holidays such as the National Day Golden Week and Mid-Autumn Festival, there was a significant increase in leisure travel from the mainland to Hong Kong and other destinations worldwide at the beginning of the month. Afterwards, Hong Kong hosted several large exhibitions such as the Canton Fair, Autumn Electronics Fair, and China Toy Expo, attracting inbound passengers from long-haul markets, leading to a noticeable increase in premium cabin demand. Leisure and business travel demand remained strong, resulting in a passenger load factor of 86% in October for CATHAY PAC AIR, reaching a new high for the same month in recent years. "Looking ahead, bookings for the peak Christmas travel season remain strong. We expect a significant increase in inbound tourists visiting friends and relatives from North America, the UK, and other European regions." In October 2025, CATHAY PAC AIR's cargo volume increased by 6% compared to the same month in 2024, with available cargo tonne kilometers increasing by 8% year-on-year. In the first 10 months of 2025, cargo volume increased by 10% compared to the same period last year. Liu Kaishi continued, "Despite multiple holidays in Hong Kong in October, the cargo business continued to grow in various regions, with strong momentum remaining. Demand for the 'Cathay Fresh Cargo Service' program remained strong, primarily driven by fresh produce from Southeast Asia and Oceania being transported to Hong Kong by Shenzhen Agricultural Power Group, as well as fresh salmon from South America being shipped to mainland China. In addition, the 'Cathay Priority Cargo Service' program also saw strong growth in Southeast Asia and the Guangdong-Hong Kong-Macau Greater Bay Area, reflecting an increase in time-sensitive cargo transportation demand during festive and year-end promotional periods. "Looking ahead to the remaining time of the cargo peak season this year, we expect demand to remain strong, with high cargo volumes continuing, especially on major cargo routes." In October 2025, Hong Kong Express carried over 680,000 passengers, a 32% increase compared to the same month in 2024. Available seat kilometers increased by 34%. In the first 10 months of 2025, passenger volume increased by 31% compared to the same period in 2024. Liu Kaishi said, "Driven by strong demand during the National Day holiday, the growth in passenger volume and capacity for Hong Kong Express in October almost mirrored each other, with the overall passenger load factor slightly below the level in the same period of 2024. Looking ahead, although flight bookings indicate that this positive trend will continue, we will continue to monitor tourism demand to Japan and focus on promoting overall network demand."