Cathay Pacific Airways (00293.HK) subsidiary Hong Kong Express recorded a loss in the first half of the year and is actively diversifying its route network.

According to the Wise Finance APP, on August 6, Lin Shaobo, CEO of Cathay Pacific Airways (00293.HK), stated that Cathay Pacific Airways suffered losses in the first half of the year due to factors such as the impact of rumors about the earthquake in Japan. Cathay Pacific Airways is actively diversifying its route layout, with Japan routes accounting for about 50% in the past, but now with the addition of destinations such as Korea, Taiwan, and mainland China, effectively reducing its dependence on the Japanese market. Liu Kaishi, Chief Customer and Business Officer, stated that overall demand in the first half of the year was strong, and it is expected to continue in the second half of the year. Despite fluctuations, Cathay Pacific Airways will continue to increase its capacity with its advantages in international network.