HK Stock Market Move | CATHAY PAC AIR (00293) rose nearly 3% in May, with passenger volume increasing by 17% year-on-year. The company continues to expand its global route network.

CATHAY PAC AIR (00293) rose nearly 3%, as of the time of publication, up 1.93% to HK$12.15, with a turnover of HK$57.469 million. In terms of news, on June 23, CATHAY PAC AIR announced that its passenger volume in May 2026 increased by 17% compared to the same month in 2025, and available seat kilometers increased by 10% year-on-year. In the first five months of 2026, passenger volume increased by 19% compared to the same period in 2025. Cathay Cargo's freight volume in May 2026 increased by 11% compared to the same month in 2025, and available cargo ton kilometers increased by 6% year-on-year. In the first five months of 2026, freight volume increased by 8% compared to the same period last year. Cathay Pacific's Customer and Commercial Chief Officer, Patrick Liu, stated that despite high aviation fuel prices, the company's passenger and freight business recorded year-on-year growth in May. At the beginning of this month, the group announced that CATHAY PAC AIR plans to launch direct flights to and from Almaty in the first quarter of 2027, marking the company's first destination in the Central Asia region and further strengthening the connection between Hong Kong and important regions of the Belt and Road Initiative. In addition, Hong Kong Express will also start daily direct flights to and from Wuxi in July.