Travel documents, visas and travel declarations

Travel documents.

All passengers, including children and infants under two years of age need their own passport or valid travel document. This document must be valid during your travel period. Many countries/regions additionally require that a passport is valid for 3 or 6 months beyond the end of your trip. Processing times for passports vary but many countries offer fast-track applications.

Visit the  IATA Travel Centre , Link opens in a new window operated by external parties and may not conform to the same accessibility policies as Cathay Pacific website for specific destination requirements on passport validity.

Check in with Passport

You may need a visa in order to enter your chosen destination, depending on:

  • your nationality
  • the purpose of your trip
  • your connecting flights

Visit the IATA Travel Centre , Link opens in a new window operated by external parties and may not conform to the same accessibility policies as Cathay Pacific website to check whether you need a visa and the relevant fees.

If a visa is required for your trip to a certain country/region, you can apply directly at a consular office of that country/region. Many countries/regions also offer an online application process.

Travel requirements

Before you travel, make sure to check the latest travel, passport and visa requirements to ensure you’re eligible to fly. We also highly recommend checking the official government website of your destination country/region for the latest information.

Travel restrictions are provided by Sherpa and should be used as a guideline only. For the latest information, please refer to the official government website of your destination country. Visit Copyright and Disclaimer to learn more about our policy for third party sites.

Travel declaration forms

Please ensure you complete the necessary forms prior to arriving at your destination so that your airport experience is a smooth one.

Visit our Travel declaration forms page for more information.

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Hong Kong Eases Travel Restrictions, Cathay Plans Resumptions

travel restrictions cathay pacific

Cathay Pacific has welcomed the Hong Kong government’s decision to scrap some of its last COVID-19 restrictions, saying it hopes the move will further help to restore its hub operations at Hong Kong International (HKG).

From Dec. 14, international travelers arriving in the special administrative region of China will be allowed to visit restaurants and bars within their first three days of arrival, ending the previous ‘0+3’ measures that barred visitors from entering certain venues within the first 72 hours. In addition, the territory is also axing a mandatory COVID-19 mobile application.

“The adjustments will help further boost sentiment for travel, especially among inbound visitors, thereby facilitating the resumption of travel activities and strengthening of network connectivity at the Hong Kong aviation hub,” a statement from Cathay Pacific said.

The airline plans to offer about 1.16 million seats across its network in December 2022, up by 30% compared with the previous month. Subsidiary HK Express has also increased capacity by 50.1% to 178,646 seats month-on-month, data provided by OAG Schedules Analyser shows.

Routes to Sapporo, Fukuoka, Penang and Dhaka have resumed in December, while Phuket and Nagoya are among the Cathay Pacific destinations set to restart in January 2023. HK Express has also reinstated flights to Tokyo Haneda, Da Nang and Routes Asia 2023 host Chiang Mai, with services to Jeju and Busan in the pipeline for January.

Cathay Pacific expects to have restored capacity levels to one-third of pre-pandemic capacity by the end of 2022 and hopes to be operating about 70% by the end of next year. Full recovery is anticipated during 2024.

Speaking to Routes at Routes World 2022 in Las Vegas , HKG executive director for airport operations Vivian Cheung said the airport feels confident that traffic will come back—it’s just a matter of time.

“We are now at 15% capacity recovery. Before June, we were between 2-4%. The demand is there, but the supply is slow,” she said.

The further easing of travel restrictions in Hong Kong comes as China also continues to loosen its strict zero-COVID policy. Earlier this month, Beijing ended the need for travelers to undergo testing before domestic flights, as well as removing the requirement for on-arrival checks for regional flights. On Dec. 12, the country also deactivated a phone-tracking app.

Although restrictions for international flights remain unchanged, whereby passengers are required to undergo a PCR test 24 hours before flying and undergo eight days of quarantine on arrival in China, reports in China suggest that the rules will be eased from Jan. 9, 2023, and a ‘0+3’ strategy will be introduced.

OAG data shows there are 910,294 international departure seats from China available during December 2022, up from 752,615 in November. International routes that have returned in recent weeks include China Southern Airlines’ Guangzhou (CAN)-New York John F Kennedy (JFK) service, while Air China is launching a Shanghai (PVG)-Athens (ATH) service.

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David Casey is Editor in Chief of Routes, the global route development community's trusted source for news and information.

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Understanding Cathay Pacific's Travel Restrictions: What You Need To Know

  • Last updated Oct 30, 2023
  • Difficulty Beginner

Duke Trotter

  • Category United States

travel restrictions cathay

In this ever-changing world, travel restrictions have become the norm. From closed borders to mandatory quarantine measures, the way we travel has been greatly impacted. One such airline that has been navigating through these challenging times is Cathay Pacific. As a leading airline in Asia, Cathay Pacific has had to adapt and innovate to keep its passengers connected and protected. In this article, we will explore the various travel restrictions that Cathay Pacific has implemented, and how they are ensuring the safety and well-being of their customers in these uncertain times.

What You'll Learn

What are the current travel restrictions imposed by cathay pacific due to the covid-19 pandemic, are there any specific countries or regions with stricter travel restrictions from cathay pacific, can passengers traveling with cathay pacific claim a refund or reschedule their flights if they are not allowed to travel due to restrictions, what documents or proof may be required by cathay pacific to ensure compliance with travel restrictions, are there any exemptions or special considerations for certain categories of travelers, such as medical professionals or students, regarding travel restrictions imposed by cathay pacific.

quartzmountain

As the Covid-19 pandemic continues to affect global travel, Cathay Pacific, like many other airlines, has implemented several travel restrictions to ensure the safety of its passengers and crew. These travel restrictions are put in place to follow government regulations and recommendations from health authorities. Understanding these restrictions can help travelers plan their trips and avoid any unforeseen issues. In this article, we will explore the current travel restrictions imposed by Cathay Pacific.

  • Entry requirements: Before traveling with Cathay Pacific, passengers are required to check and meet the entry requirements of their destination country. These requirements may include negative Covid-19 test results, proof of vaccination, and quarantine regulations. It is recommended to visit the official website of the destination country or consult with Cathay Pacific's customer service for the most up-to-date information.
  • Testing and quarantine: Many countries require passengers to show negative Covid-19 test results before boarding their flights. Cathay Pacific has partnered with selected testing facilities to offer convenient testing options for its passengers. Additionally, some destinations may have mandatory quarantine measures upon arrival. Passengers should be prepared to follow these regulations and make any necessary arrangements for quarantine accommodations.
  • Suspension of flights: Cathay Pacific has temporarily suspended flights to certain destinations due to travel restrictions imposed by governments. This is to ensure the safety of passengers and comply with governmental regulations. Passengers are advised to check the latest flight information and updates on Cathay Pacific's official website or through customer service.
  • Health and safety measures: Cathay Pacific has implemented enhanced health and safety measures throughout the travel journey. These measures include mandatory face mask requirements, increased cleaning and sanitization of aircraft, and social distancing guidelines at airports and onboard flights. Passengers are expected to comply with these measures for the safety of themselves and others.
  • Flexibility in booking and cancellations: In response to the uncertainties brought about by the pandemic, Cathay Pacific has introduced flexible booking and cancellation policies. This allows passengers to make changes to their travel plans, such as rebooking or requesting a refund, without incurring additional fees. Passengers can contact Cathay Pacific's customer service for assistance with any booking or cancellation issues.

It is important for travelers to stay informed about the latest travel restrictions and guidelines enforced by Cathay Pacific. As the Covid-19 situation continues to evolve, these restrictions may change or be modified to adapt to the current circumstances. By staying up-to-date and following the recommended guidelines, passengers can ensure a smoother and safer travel experience with Cathay Pacific during these challenging times.

Biden Administration Implements Travel Restrictions to Combat COVID-19

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As the world continues to grapple with the ongoing COVID-19 pandemic, travel restrictions have become a common reality for travelers all over the globe. Cathay Pacific, one of the leading airlines in Asia, has implemented a number of measures to ensure the safety of passengers and crew members during these uncertain times.

While travel restrictions vary from country to country, there are indeed some specific countries or regions with stricter travel restrictions from Cathay Pacific. These restrictions may include mandatory quarantine, health checks, and proof of negative COVID-19 test results before boarding the flight.

One such country is Australia, which has implemented some of the strictest travel measures in the world. Travelers from all countries, including those with a visa or residency in Australia, are required to quarantine in government-designated facilities for 14 days upon arrival. This applies to all incoming international flights, including those operated by Cathay Pacific.

Another region with strict travel restrictions is Hong Kong, the home base of Cathay Pacific. In response to the latest surge in COVID-19 cases, the Hong Kong government has increased travel restrictions, including mandatory quarantine and COVID-19 testing for all arrivals. All passengers, including Hong Kong residents, must present a negative COVID-19 test result obtained within 72 hours of their scheduled departure time. Upon arrival, they are also required to undergo a 14-day compulsory quarantine at designated hotels or government facilities.

In addition to Australia and Hong Kong, there may be other countries or regions that have stricter travel restrictions from Cathay Pacific. It is important for travelers to check the latest travel advisories and entry requirements of their intended destination before booking a flight. The situation is constantly evolving, and travel restrictions can change at any given time.

Cathay Pacific has been proactive in providing updated information and guidance to passengers regarding travel restrictions. Their website and customer service channels are valuable resources for travelers to stay informed about the latest requirements and regulations.

In conclusion, there are indeed specific countries or regions with stricter travel restrictions from Cathay Pacific. Australia and Hong Kong are examples of such regions, where mandatory quarantine and COVID-19 testing measures have been implemented. Travelers should stay updated on the latest travel advisories and entry requirements before embarking on their journey.

A Comprehensive Guide to Niagara Falls Canada Travel Restrictions in the Wake of COVID-19

Passengers traveling with Cathay Pacific who are not allowed to travel due to restrictions may be eligible for a refund or the option to reschedule their flights. However, it is important to understand the specific conditions and policies set by the airline in order to determine eligibility.

Understanding the Restrictions:

Passengers may be denied boarding or entry to a certain country or region due to various reasons, such as government-imposed travel restrictions, visa requirements, or health and safety concerns. It is essential for passengers to stay updated on the travel advisories and regulations in their destination.

Communicating with Cathay Pacific:

If a passenger is unable to travel due to restrictions, they should contact Cathay Pacific as soon as possible to discuss their options. The airline's customer service representatives can provide guidance on the available options based on the passenger's situation and the specific restrictions in place.

Refund Policies:

Cathay Pacific has different refund policies depending on the type of ticket purchased. Passengers with refundable tickets may be eligible for a full or partial refund, while those with non-refundable tickets may have limited or no refund options. It is essential to review the fare conditions and ticket terms before making a claim for a refund.

Rescheduling Options:

If a passenger is not eligible for a refund or prefers to reschedule their flight, Cathay Pacific may offer the option to change the travel dates without additional fees. However, this is subject to availability and any fare differences. Passengers should be flexible with their travel plans and consider alternate dates or destinations if necessary.

Travel Insurance:

Passengers are encouraged to review their travel insurance policies as it may provide coverage for trip cancellations or disruptions due to restrictions. It is important to understand the terms and conditions of the insurance policy and file a claim accordingly.

Providing Documentation:

To support their refund or rescheduling claim, passengers may need to provide documentation such as travel advisories, visa denials, or medical certificates. It is crucial to keep all relevant documents and receipts for future reference and to ensure a smooth claims process.

Case-by-case Consideration:

In some cases, Cathay Pacific may review exceptional circumstances on a case-by-case basis. For example, if a passenger has a compassionate or urgent reason for travel, the airline may offer additional options or flexibility. It is recommended to explain the situation clearly and provide any necessary supporting documentation when making such requests.

  • John had booked a non-refundable ticket with Cathay Pacific to travel to a country that suddenly imposed travel restrictions. He contacted the airline, and although a refund was not possible, Cathay Pacific allowed him to reschedule his flight without any additional fees.
  • Mary had a medical emergency while traveling and was unable to continue her journey due to health reasons. She contacted Cathay Pacific and provided medical certificates as documentation. The airline offered her a refund for the unused portion of her ticket.

In conclusion, passengers traveling with Cathay Pacific who are not allowed to travel due to restrictions should contact the airline to explore their options. Depending on the ticket type and circumstances, passengers may be eligible for a refund or the opportunity to reschedule their flights. Understanding and following the specific policies and procedures outlined by Cathay Pacific is essential in order to secure the best possible outcome in such situations.

Understanding Carnival Travel Agent Rate Restrictions: What You Need to Know

In light of the ongoing COVID-19 pandemic and the resulting travel restrictions, airlines such as Cathay Pacific have implemented stringent compliance measures to ensure the safety of passengers and to adhere to government regulations. As a result, there are certain documents and proofs that may be required by Cathay Pacific to ensure compliance with these travel restrictions.

One of the key requirements is the presentation of a negative COVID-19 test result. Passengers may be required to provide a PCR test result conducted within a specified timeframe before the scheduled departure. This test result serves as proof that the passenger does not have an active COVID-19 infection. The test result should be obtained from a recognized medical facility or laboratory and should clearly state the passenger's name, date of testing, and the negative result.

Additionally, travelers may also be required to complete a health declaration form. This form typically includes questions about the passenger's recent travel history, current health status, and any potential exposure to COVID-19. The purpose of the health declaration form is to assess the passenger's risk level and to determine if any further medical screening or quarantine measures are necessary.

Depending on the destination, there may be additional requirements such as proof of vaccination or a vaccination certificate. Some countries require travelers to be fully vaccinated against COVID-19 before entry. In such cases, passengers may need to provide their vaccination card or a digital certificate to demonstrate their vaccination status. It is important to note that the specific requirements can vary depending on the destination, so passengers should check the latest guidelines and regulations before traveling.

To ensure compliance with these travel restrictions, Cathay Pacific may request passengers to submit these documents and proofs during the booking process or at the time of check-in. Passengers are advised to carefully review the airline's requirements and to ensure that all necessary documents are readily available before their departure. Failure to comply with these requirements may result in denied boarding or other restrictions.

It is important to remember that travel restrictions and requirements can change frequently, depending on the evolving nature of the COVID-19 pandemic. Passengers should stay updated with the latest government advisories and guidelines and should be prepared to provide additional documents or proofs as required. By adhering to these compliance measures, travelers can help ensure a safe and hassle-free journey with Cathay Pacific.

Penn State Imposes Restrictions on Travel Amidst Global Health Concerns

Cathay Pacific, like many other airlines, has implemented travel restrictions in response to the COVID-19 pandemic. These restrictions aim to ensure the safety of passengers and crew members and to prevent the spread of the virus. However, there may be exemptions or special considerations for certain categories of travelers, including medical professionals and students.

Medical professionals, who often need to travel for urgent medical reasons, may be exempted from some of the travel restrictions imposed by Cathay Pacific. These individuals may be required to provide proof of their profession, such as a license or certification, and may need to undergo additional health screenings before boarding the flight. Cathay Pacific may also require these individuals to follow specific protocols during their travel, such as wearing personal protective equipment (PPE) and practicing social distancing.

Students, especially those from international countries who need to travel for education purposes, may also be eligible for exemptions or special considerations. Many universities and educational institutions have worked closely with airlines to facilitate the safe travel of their students during these challenging times. Students may need to provide proof of enrollment or a valid student visa, and may be subject to additional health screenings and quarantine requirements upon arrival at their destination.

Cathay Pacific, like other airlines, recognizes the importance of maintaining essential travel during this global crisis. Therefore, they may offer certain accommodations and exceptions for individuals who fall under specific categories, such as medical professionals and students. These exemptions and considerations may vary depending on the destination and the specific circumstances of the traveler.

It is important for potential travelers in these categories to reach out to Cathay Pacific directly to inquire about any exemptions or special considerations that may be available to them. The airline's customer service representatives will be able to provide the most up-to-date information regarding travel restrictions and any exceptions or accommodations that may be applicable.

In conclusion, Cathay Pacific may provide exemptions or special considerations for certain categories of travelers, including medical professionals and students, regarding travel restrictions. It is essential for individuals in these categories to reach out to the airline directly to inquire about any available accommodations and to ensure a safe and smooth journey.

Honduras Travel Restriction: What You Need to Know

Frequently asked questions.

Yes, there are travel restrictions in place for Cathay flights. Many countries have implemented entry restrictions and quarantine requirements for travelers, including those flying with Cathay. It is important to check the latest information and guidelines provided by the destination country's government before planning your trip.

The quarantine requirements vary depending on the destination. Some countries require incoming travelers to undergo a mandatory 14-day quarantine upon arrival, while others may have shorter quarantine periods or no quarantine requirements at all. It is essential to check the specific quarantine guidelines for your destination before booking your Cathay flight.

Cathay Pacific has implemented flexible booking policies to accommodate passengers affected by travel restrictions. If your flight is affected by travel restrictions, you may be eligible to change your flight dates or request a refund. It is recommended to contact Cathay Pacific's customer service or visit their website for more information on their current policies and the options available to you.

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Cathay Pacific Returns to Profitability After 4 Years

travel restrictions cathay pacific

Cathay Pacific reported a notable net profit of $1.25 billion in 2023.

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Cathay Pacific achieved its first annual profit since 2019, marking a significant recovery from the challenges posed by the COVID-19 pandemic. The airline's recent success comes after facing heavy losses and layoffs during the pandemic, showcasing a remarkable resurgence in its financial performance.

Strong Financial Results and Expansion Plans

According to the Inquirer , the Hong Kong-based flag carrier reported a net profit of HK$9.79 billion ($1.25 billion) in 2023. Encouraged by this positive outcome, Cathay Pacific revealed its intention to bolster its workforce by approximately 20 percent, equivalent to about 5,000 new hires, within the current year. Additionally, the airline announced its decision to distribute dividends to ordinary shareholders for the first time since 2019.

Demand Surge and Revenue Growth

Reuters noted that Cathay Pacific's financial success was primarily fueled by a substantial increase in demand following the relaxation of COVID-19 travel restrictions by Hong Kong and mainland China in early 2023. The airline experienced a notable 85 percent rise in revenue, reaching HK$94.5 billion, reflecting the positive impact of the surge in demand on its overall financial performance.

Cathay Pacific aims to recover by the first quarter of 2025 and restore 80 percent of its pre-pandemic passenger flights by the current year's second quarter. The airline is committed to gradually increasing its flight capacity to meet evolving travel demands and normalize its operations post-pandemic.

Operational Challenges and Strategic Decisions

Cathay Pacific faced operational hurdles despite its progress, including slower capacity restoration than its competitors. The airline encountered delays in resuming services due to stringent quarantine regulations and the need to recruit additional staff. These challenges led to flight cancellations and reductions, impacting the pace of its recovery.

Supply-Demand Dynamics and Industry Outlook

The global aviation industry witnessed a supply-demand imbalance in the previous year, resulting in increased ticket prices and airline yields. Cathay Pacific anticipates a gradual easing of this imbalance throughout 2024 as airlines worldwide progressively expand their capacities to meet the rising travel demand. CEO Ronald Lam expressed confidence in the industry's normalization process and emphasized the airline's commitment to order new aircraft to enhance its fleet capabilities.

Cathay Pacific's Diverse Operations

Cathay Pacific is a full-service airline operating in both passenger and cargo segments. It has two subsidiaries: the low-cost carrier HK Express and the cargo carrier Air Hong Kong. The airline's diversified operations enable it to cater to a wide range of aviation needs, positioning it strategically in the competitive market.

Photo: Cathay Pacific Pressroom

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Cathay pacific posts record profits despite post-pandemic woes.

The Hong Kong carrier posted strong profits despite a string of flight cancellations due to a shortage of pilots

by Lauren Smith

March 14, 2024

travel restrictions cathay pacific

Photo: Airbus A350-1000. Courtesy of Cathay Pacific

Despite slowly rebuilding its capacity post-pandemic, Hong Kong-based carrier Cathay Pacific surged to profitability in 2023 as travel-starved passengers swallowed high ticket prices.

The airline reported a net income of HK$9.79 billion ($1.25 billion) in 2023, returning to the red for the first time since the coronavirus crisis devastated the global travel industry. Most recently, the airline lost $6.6 billion in 2022.

With travel restrictions in Hong Kong and mainland China finally lifted in January 2023, Cathay Pacific saw passenger numbers soar six-fold, from 2.8 million in 2022 to 18 million. Total revenue shot to HK$94.5 billion ($12.1 billion), up 85 percent.

travel restrictions cathay pacific

Photo: Cathay Pacific 777-300 Oneworld Livery. Courtesy of Boeing

“In 2023, we finally left the Covid-19 pandemic behind us,” airline chairman Pat Healy said.

However, despite Healy’s statement, the bumper profits—the highest since 2010—were all the more remarkable for how Cathay Pacific continued to contend with the fallout from the pandemic throughout 2023.

The airline reconstructed its schedule more slowly than its closest rival, Singapore Airlines , as it faced stricter travel curbs for longer and more depleted ranks.

Post-Pandemic Challenges

A staff shortage came to a head in December, as illness and annual flying-hour caps for pilots forced Cathay Pacific to cancel at least 68 flights over the holiday period. The carrier then preemptively axed another dozen flights a day through the end of February to avoid further cancellations during the Lunar New Year, China’s busiest travel season.

The Hong Kong Aircrew Officers Association has estimated that Cathay Pacific employs just over half of the number of captains and first officers it did before the pandemic, following a mid-pandemic restructuring that the union says has “turned out to be disastrous for Hong Kong’s aviation skills base.”

travel restrictions cathay pacific

Cathay Pacific’s Airbus A350-900. Photo: Courtesy of Kevin Bosc / Unsplash

Cathay Pacific plans to operate 80 percent of its pre-pandemic passenger flight schedule by the second quarter of 2024 despite experiencing staff shortages. However, the CEO, Ronald Lam, has announced that the date of the airline’s return to full capacity has been pushed back to the first quarter of 2025, which is three months later than previously stated. This move is aimed at avoiding further cancellations.

To offset the lower capacity, Cathay Pacific has raised its ticket prices. The post-pandemic travel boom has made passengers willing to pay the excess fare.

Lam admits that the global imbalance between available seats and travel demand is expected to diminish, and yields will continue to normalize throughout 2024.

China’s rocky economic recovery from the COVID crisis will also impact the airline. Though the outlook is uncertain, investors were optimistic about the week’s results. Cathay Pacific’s shares rose 5.8 percent, reaching their highest close in four years. The airline also announced that it will pay a dividend of HK$0.43 per share, the first payout since 2019.

Staff members will also benefit from the recovery, receiving 7.2 weeks of pay as a bonus.

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Cathay signals rebound from COVID with first profit, dividend since 2019

  • Hong Kong's flagship carrier posts first profit since 2019
  • Dividend is the 'key surprise' - Jefferies note
  • Cathay rebuilding after COVID losses, layoffs
  • Cathay sees recovery to pre-COVID passenger capacity by Q1 2025

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Hong Kong’s Cathay Pacific delays capacity target to 2025 as union warns permanent pay cut hinders growth

Irene Chan

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Hong Kong’s flagship carrier Cathay Pacific is delaying its target for returning to pre-Covid capacity despite posting its first annual profit for four years, as the pilots’ union raised concerns that pandemic pay cuts would damage Hong Kong’s role as an aviation hub.

Patrick Healy, chairman of the Cathay Group, announced on Wednesday that Cathay’s airlines, subsidiaries and associates had recorded a net profit of HK$9.8 billion for the year 2023, compared to a loss of HK$6.6 billion in 2022.

Passengers waiting in queue to check-in at Cathay Pacific's counter at the Hong Kong International Airport. File photo: Kyle Lam/HKFP.

“Our results in 2023 were driven by the strong pent-up demand for travel following three years of pandemic-related restrictions,” Healy said. “This unique environment, in which there was a global imbalance between supply and demand, drove up yields,” he added.

However, citing the need to ensure growth was sustainable, Healy announced the group would delay its target of restoring 100 per cent of its passenger flight capacity to the first quarter of 2025.

After surviving almost three years of strict Covid-related travel restrictions that brought Hong Kong’s travel and tourism to a near-standstill, Cathay last year announced plans to fast-track its recovery.

It set a target of returning to full capacity by the end of 2024 when announcing its half-year profit last August.

Cathay executives

Paul Weatherilt, leader of the Cathay’s pilot union, said on Wednesday that reduced remuneration for pilots and cabin crew had “decimated” Hong Kong’s role as an aviation hub.

During the pandemic, the Cathay group made 5,900 redundancies, including all 500 pilots of former subsidiary Cathay Dragon and 50 from its flagship carrier. It also introduced new contracts for aircrew, which resulted in pay cuts of varying levels and a wave of pilot resignations .

“The permanent cuts to frontline staff and their pay – virtually unseen elsewhere in the world – have decimated Hong Kong’s aviation skills base such that the growth of Hong Kong’s aviation sector and our airport’s global hub status have been seriously hindered for years,” Weatherilt said in a statement.

Paul Weatherilt, chairman of the Hong Kong Aircrew Officers Association

On Wednesday, Cathay announced a bonus of 7.2 weeks of pay for all staff.

Weatherilt said the bonus would “do little to raise morale of frontline staff” as it was based on significantly reduced pay. The union said that while aircrew had suffered a permanent pay cut, Cathay’s executives “have restored their own pay in full.”

The price of Cathay’s flights also remained high compared to pre-pandemic levels, attracting complaints on online forum Reddit.

According to an HKFP search on Thursday, a round-trip economy fare from Hong Kong to London in May is priced from HK$7,000, while the same trip in August costs at least HK12,000.

Cathay aircrew, pilots and flight attendants

Cathay announced its passenger yield for 2023 as HK$76.3 cents, an 18 per cent decrease compared to 2022 but still 42 per cent higher than 2019. Passenger yield, a measure of the average fare paid per mile, per passenger, is an index often used to estimate ticket prices.

On Wednesday Healy said “inflationary pressure along  the entire aviation supply chain has persisted since the pandemic and will continue to have an  impact on airfares.”

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Irene Chan

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Irene Chan is a reporter at Hong Kong Free Press and has an interest in covering political and social change. She previously worked at Initium Media as chief editor for Hong Kong news and was a community organiser at the Society for Community Organisation serving the underprivileged. She has a bachelor’s degree in Journalism from Fudan University and a master’s degree in social work from the Chinese University of Hong Kong.

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Cathay Pacific paying staff 7-week bonus

Hong Kong carrier finally shakes off Covid with first profit since 2019

PUBLISHED : 13 Mar 2024 at 15:33

WRITER: News Agencies

A staff member directs passengers checking in for Cathay Pacific flights at Hong Kong International Airport on Monday. (Photo: Bloomberg)

HONG KONG - Cathay Pacific Airways said on Wednesday that it would pay its staff a bonus equal to 7.2 weeks’ pay after reporting its first net profit since 2019.

Hong Kong’s flagship airline said it earned a net profit of HK$9.79 billion (US$1.25 billion) in 2023, and that it plans to expand its workforce by around 20%, or 5,000 people, this year.

Cathay will pay its first dividend to ordinary shareholders since 2019, it added.

A jump in demand after the lifting of Covid-related travel restrictions contributed to the strong financial performance, Cathay group chairman Patrick Healy said in a statement. Hong Kong and mainland China lifted international travel restrictions in early 2023.

Revenue rose 85% to HK$94.5 billion as post-pandemic travel demand continued and ticket prices rose. Operating profit more than tripled to HK$15.1 billion, surpassing the previous record of HK$14.1 billion in 2010.

“In 2023, we finally left the Covid-19 pandemic behind us,” Mr Healy said.

Cathay’s stock price soared more than 6% after the results were announced to its highest since February 2020.

The airline received a $5-billion pandemic-related rescue package led by the Hong Kong government in 2020 and posted a loss of HK$6.6 billion in 2022.

Cathay said it aims to reach 80% of its pre-pandemic passenger flights within the second quarter of this year, and 100% within the first quarter of 2025 — three months later than a previously stated target.

The carrier has restored capacity more slowly than its closest rival, Singapore Airlines, because it faced tighter quarantine rules for longer, and needed to hire more staff to bring back services.

A shortage of staff led the airline to cancel and reduce flights.

A global imbalance between supply of flights and travel demand last year drove up ticket prices and airline yields.

“We expect this imbalance to diminish and yields to continue to normalise throughout 2024 as airlines around the world continue to add capacity,” Cathay CEO Ronald Lam said.

The airline reiterated that it was still in the market to order new mid-size wide-body aircraft.

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Cathay Pacific 'is back' with $1.9 billion profit in 2023

It carried 18 million passengers in the 12 months, up from 2.8 million in 2022

724473-01-02-(Read-Only)

Hong Kong: Hong Kong carrier Cathay Pacific on Wednesday reported its first annual net profit in four years, citing a surge in demand as it emerges from the impact of the financial hub's Covid isolation.

Hong Kong's aviation sector has struggled to fully recover from the impact of pandemic-era policies, which imposed strict rules on travellers and kept the city internationally isolated before they began to be lifted in late 2022.

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"In 2023, we finally left the Covid-19 pandemic behind us," Cathay chair Patrick Healy said, adding that it was "our first profitable year since 2019".

"The year was characterised by a notable surge in travel demand following three years of pandemic-related restrictions."

And CEO Ronald Lam said in the statement: "To our stakeholders, thank you for standing by us and motivating us to be the company of choice. We are ready to unleash the potential and innovation of our next exciting phase of development - Cathay is back!"

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While airlines around the world had been hit by the impact of travel restrictions, Cathay's recovery has been slower than regional rivals such as Singapore Airlines.

The airline said profit surged to US$1.25 billion last year, compared with a loss of US$847 million in 2022, after hitting its target of operating at 70 percent of pre-pandemic passenger flights.

It carried 18 million passengers in the 12 months, up from 2.8 million in 2022.

Cathay also posted an operating profit of US$1.9 billion in 2023, the highest on record, according to Bloomberg News, and announced its first dividend payment since 2019, at HK$0.43 per ordinary share.

"In 2023, we finally left the Covid-19 pandemic behind us," Healy said.

The firm's share price jumped 5.5 percent on the news in Hong Kong afternoon trade.

Total revenue surged 85 percent to US$12 billion, though cargo revenue fell 16.2 percent to US$3.3 billion.

Cathay earlier vowed to return to 100 percent pre-pandemic passenger flight levels by the end of 2024, but on Wednesday pushed back the target by up to three months.

The company said it was working to address the effects of "truly significant" challenges facing the aviation industry, in areas including "recruitment, training and supply chain shortages".

It added that it planned to expand its workforce this year by around 20 percent, or 5,000 people.

In January, Cathay said it had signed up 100 cabin crew via its first recruitment drive in mainland China.

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First Cathay profit since 2019 as travel demand boosts earnings

First Cathay profit since 2019 as travel demand boosts earnings

Cathay Pacific Airways, Hong Kong’s flagship carrier, on Wednesday reported a return to profitability in the first fiscal year since 2019, driven by a surge in travel demand following three years of Covid-19 pandemic-related restrictions.

The airline reported an attributable profit of HK$9.23 billion (US$1.18 billion) in 2023, a significant turnaround from the restated attributable loss of HK$330 million in the previous year.

Cathay Pacific also announced an interim dividend of 43 Hong Kong cents per ordinary share, the first dividend payment to ordinary shareholders since 2019.

The Cathay Group as a whole registered an attributable profit of HK$9.79 billion in 2023, compared with the restated attributable loss of HK$6.62 billion in 2022.

“Our priority in 2024 is to ensure high-quality and sustainable growth as we prepare for the full operation of the Three-Runway System at Hong Kong International Airport by the end of this year,” Cathay Pacific Chairman Patrick Healy said in a corporate statement.

The three-runway system will boost the airport’s capacity to 120 million passengers and more than 10 million metric tons of cargo per year by 2035.

Cathay Pacific CEO Ronald Lam Siu-por added that the airline aims to gradually restore its flight operations, working toward reaching 80 % of pre-pandemic flights within the second quarter of this year, and 100 % within the second quarter of next year, which is three months later than the previous projection.

The carrier plans to expand its workforce by employing 5,000 more people this year than it did in 2023.

Figures from the Hong Kong Immigration Department show that the number of tourists visiting Hong Kong was still steadily increasing, with about 7.83 million recorded in the first two months of 2024, which means an average of around 130,000 tourists per day. This represented a 12 % increase compared to the fourth quarter of last year.

In terms of the cargo segment, the airline group expects trade flow directional imbalances to persist, which will affect overall load factors. Yields from the cargo segment will decrease this year because of the normalization of the air cargo industry but are expected to remain above 2019 levels.

First Cathay profit since 2019 as travel demand boosts earnings

During the IATA World Cargo Symposium held in Hong Kong on Tuesday, Financial Secretary Paul Chan Mo-po said Hong Kong’s airport will likely retain its position as the world’s busiest cargo airport.

Hong Kong International Airport handled around 4.3 million tons of cargo in 2023. It has also seen significant developments such as the expansion of DHL’s Central Asia hub and the completion of the Cainiao Smart Gateway , along with UPS’ plans to develop a new hub facility at the airport.

The airline said it will buy back the remaining 50 % of the HK$19.5 billion preference shares owned by the Hong Kong Special Administrative Region government by the end of July, subject to market conditions and the company’s business operations at that time.

Following the result announcement, Cathay Pacific’s share price jumped more than 5.7 % to close at HK$9.18 per share on Wednesday.

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  • Cathay signals rebound from Covid with first profit, dividend since 2019

A jump in demand after the lifting of the COVID-related travel restrictions contributed to the strong financial performance, Cathay Group Chair Patrick Healy said in a statement. Hong Kong and mainland China lifted global travel curbs in early 2023. Revenue jumped 85 per cent in 2023 to HKD 94.5 billion.

travel restrictions cathay pacific

  • Updated On Mar 13, 2024 at 07:33 PM IST

<p>Cathay Pacific</p>

Lufthansa gives subdued 2024 outlook as labour disputes weigh

The airline said operating results this year would be on par with 2023, but Chief Financial Officer Remco Steenbergen said there was "no hard commitment" to meet a target for operating margins to hit 8 per cent for the year. They were 7.6 per cent in 2023. Steenbergen said the company would try to get "as close as possible" to the 8 per cent target, and would broadly keep the target even if Lufthansa doesn't achieve it this year.

  • Published On Mar 13, 2024 at 03:40 PM IST

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March 13, 2024

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility:

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Cathay Pacific 'is back' with first annual profit since 2019

by Holmes CHAN

Cathay Pacific's net profit of US$1.25 billion was the first since 2019

Hong Kong carrier Cathay Pacific on Wednesday reported its first annual net profit in four years, citing a surge in demand as it emerges from the impact of the financial hub's COVID isolation.

Hong Kong's aviation sector has struggled to fully recover from the impact of pandemic-era policies, which imposed strict rules on travelers and kept the city internationally isolated before they began to be lifted in late 2022.

"In 2023, we finally left the COVID-19 pandemic behind us," Cathay chair Patrick Healy said, adding that it was "our first profitable year since 2019".

"The year was characterized by a notable surge in travel demand following three years of pandemic-related restrictions."

And CEO Ronald Lam said in the statement: "To our stakeholders, thank you for standing by us and motivating us to be the company of choice. We are ready to unleash the potential and innovation of our next exciting phase of development -– Cathay is back!"

While airlines around the world had been hit by the impact of travel restrictions, Cathay's recovery has been slower than regional rivals such as Singapore Airlines.

The airline said profit surged to US$1.25 billion last year, compared with a loss of US$847 million in 2022, after hitting its target of operating at 70 percent of pre-pandemic passenger flights.

It carried 18 million passengers in the 12 months, up from 2.8 million in 2022.

Cathay also posted an operating profit of US$1.9 billion in 2023, the highest on record, according to Bloomberg News, and announced its first dividend payment since 2019, at HK$0.43 per ordinary share.

"In 2023, we finally left the COVID-19 pandemic behind us," Healy said.

The firm's share price jumped 5.5 percent on the news in Hong Kong afternoon trade.

Total revenue surged 85 percent to US$12 billion, though cargo revenue fell 16.2 percent to US$3.3 billion.

Cathay earlier vowed to return to 100 percent pre-pandemic passenger flight levels by the end of 2024, but on Wednesday pushed back the target by up to three months.

The company said it was working to address the effects of "truly significant" challenges facing the aviation industry , in areas including "recruitment, training and supply chain shortages".

It added that it planned to expand its workforce this year by around 20 percent, or 5,000 people.

Cathay saw a spate of flight cancellations during the Christmas and New Year holidays, which the company attributed to underestimating the pilot levels needed during the seasonal flu peak in Hong Kong.

"This incident has negatively impacted our brand reputation and the confidence that Hong Kong people and our customers have in Cathay," Lam said in an internal memo at the time.

In January, Cathay said it had signed up 100 cabin crew via its first recruitment drive in mainland China.

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Cathay signals rebound from COVID with first profit, dividend since 2019

  • Hong Kong's flagship carrier posts first profit since 2019
  • Dividend is the 'key surprise' - Jefferies note
  • Cathay rebuilding after COVID losses, layoffs
  • Cathay sees recovery to pre-COVID passenger capacity by Q1 2025

Hong Kong's flagship airline said on Wednesday it earned a net profit of HK$9.79 billion ($1.25 billion) in 2023, above the average HK$8.67 billion estimated in an LSEG survey of nine analysts and the highest since the HK$14 billion made in 2010.

Cathay said it would pay its first dividend since 2019, which brokerage Jefferies said was the "key surprise" in the results. The airline also plans to expand its workforce by around 20%, or 5,000 people, this year.

A jump in demand after the lifting of COVID-related travel restrictions contributed to the strong financial performance, Cathay Group Chair Patrick Healy said in a statement. Hong Kong and mainland China lifted global travel curbs in early 2023.

Revenue jumped 85% in 2023 to HK$94.5 billion.

The airline said it aims to reach 80% of its pre-pandemic passenger flights within the second quarter of this year, and 100% by the first quarter of 2025 - three months later than a previously stated target.

The airline was offered a $5 billion pandemic-related rescue package led by the Hong Kong government in 2020. It intends to repay the remaining half of the government's preference shares by the end of July.

Cathay had posted a loss of HK$6.6 billion in 2022.

A shortage of staff led the airline to cancel and reduce flights. Cathay executives told a press conference that the days of flight cancellations were over and it would have enough pilots to meet its targets.

While the results indicate how far Cathay has come in its recovery journey, Asia's aviation industry faces uncertainties as travel conditions normalise and as China's economy shows no signs of a sustained recovery.

A global imbalance between supply of flights and travel demand last year drove up ticket prices and airline yields.

"We expect this imbalance to diminish and yields to continue to normalise throughout 2024 as airlines around the world continue to add capacity," Cathay CEO Ronald Lam said.

Singapore Airlines last month also warned that the high yields of the post-pandemic travel boom were being pressured by high fuel prices, inflation, supply chain shortages and increased competition.

Healy, also a director of Swire which holds 45% of Cathay, said Cathay would not comment on speculation, adding Swire had no intention of trimming its stake.

"Swire's commitment to Cathay remains absolute," he said.

Cathay reiterated that it is still in the market to order new mid-size wide-body aircraft.

($1 = 7.8243 Hong Kong dollars)

travel restrictions cathay pacific

Cathay signals rebound from COVID with first profit, dividend since 2019

H ONG KONG (Reuters) -Cathay Pacific reported its first annual profit in four years as the airline left behind the pandemic-linked restrictions that drove heavy losses and layoffs, pushing its shares to a four-year high.

Hong Kong's flagship airline said on Wednesday it earned a net profit of HK$9.79 billion ($1.25 billion) in 2023, above the average HK$8.67 billion estimated in an LSEG survey of nine analysts and the highest since the HK$14 billion made in 2010.

Cathay said it would pay its first dividend since 2019, which brokerage Jefferies said was the "key surprise" in the results. The airline also plans to expand its workforce by around 20%, or 5,000 people, this year.

A jump in demand after the lifting of COVID-related travel restrictions contributed to the strong financial performance, Cathay Group Chair Patrick Healy said in a statement. Hong Kong and mainland China lifted global travel curbs in early 2023.

Revenue jumped 85% in 2023 to HK$94.5 billion.

The airline said it aims to reach 80% of its pre-pandemic passenger flights within the second quarter of this year, and 100% by the first quarter of 2025 - three months later than a previously stated target.

Cathay's shares ended up 5.8%, its highest close in more than four years, outpacing a flat broader market.

Shares in Cathay's largest shareholder, Swire Pacific, closed up more than 3%.

The airline was offered a $5 billion pandemic-related rescue package led by the Hong Kong government in 2020. It intends to repay the remaining half of the government's preference shares by the end of July. Cathay had posted a loss of HK$6.6 billion in 2022.

The carrier has restored capacity more slowly than its closest rival, Singapore Airlines, because it faced tighter quarantine rules for longer, and needed to hire more staff to bring back services.

A shortage of staff led the airline to cancel and reduce flights. Cathay executives told a press conference that the days of flight cancellations were over and it would have enough pilots to meet its targets.

While the results indicate how far Cathay has come in its recovery journey, Asia's aviation industry faces uncertainties as travel conditions normalise and as China's economy shows no signs of a sustained recovery.

A global imbalance between supply of flights and travel demand last year drove up ticket prices and airline yields.

"We expect this imbalance to diminish and yields to continue to normalise throughout 2024 as airlines around the world continue to add capacity," Cathay CEO Ronald Lam said.

Singapore Airlines last month also warned that the high yields of the post-pandemic travel boom were being pressured by high fuel prices, inflation, supply chain shortages and increased competition.

Bloomberg News reported last week, citing people familiar with the matter, that Cathay's second-largest shareholder Air China Ltd had recently consulted with advisers about raising its nearly 30% stake.

Healy, also a director of Swire which holds 45% of Cathay, said Cathay would not comment on speculation, adding Swire had no intention of trimming its stake.

"Swire's commitment to Cathay remains absolute," he said.

Cathay reiterated that it is still in the market to order new mid-size wide-body aircraft.

($1 = 7.8243 Hong Kong dollars)

(Reporting by Lisa Barrington in Seoul; Additional reporting by Dorothy Kam in Hong Kong and Hong Kong Newsroom; Editing by Muralikumar Anantharaman and Bernadette Baum)

Cathay Pacific employees work at Hong Kong International Airport, in Hong Kong, China March 8, 2023. REUTERS/Lam Yik/file photo

IMAGES

  1. Understanding Cathay Pacific's Travel Restrictions: What You Need To

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  2. Understanding Cathay Pacific's Hong Kong Travel Restrictions

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  3. How strict are Cathay Pacific with luggage? Cathay Pacific Bag policy

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  4. Cathay Pacific Baggage Allowance, Weight, Size & Limits Guide [2021

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  5. Understanding Cathay Pacific's Travel Restrictions During The Pandemic

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  6. Understanding Cathay Pacific's Travel Restrictions During The Pandemic

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COMMENTS

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  4. Travel requirements

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    All passengers, including children and infants under two years of age need their own passport or valid travel document. This document must be valid during your travel period. Many countries/regions additionally require that a passport is valid for 3 or 6 months beyond the end of your trip. Processing times for passports vary but many countries ...

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    Cathay Pacific has welcomed the Hong Kong government's decision to scrap some of its last COVID-19 restrictions, saying it hopes the move will further help to restore its hub operations at Hong ...

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    Cathay Pacific welcomes the Hong Kong SAR Government's latest measures to facilitate quarantine-free travel between Hong Kong and the Chinese Mainland, as well as the lifting of transit restrictions, effective 8 January 2023.

  11. Understanding Cathay Pacific's Travel Restrictions: What You Need To

    What are the current travel restrictions imposed by Cathay Pacific due to the Covid-19 pandemic? Source: CNN. As the Covid-19 pandemic continues to affect global travel, Cathay Pacific, like many other airlines, has implemented several travel restrictions to ensure the safety of its passengers and crew. These travel restrictions are put in ...

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  14. Cathay Pacific Returns to Profitability After 4 Years

    Reuters noted that Cathay Pacific's financial success was primarily fueled by a substantial increase in demand following the relaxation of COVID-19 travel restrictions by Hong Kong and mainland ...

  15. Cathay Pacific Posts Record Profits Despite Post-Pandemic Woes

    Cathay Pacific became profitable in 2023 as travel-starved passengers paid high ticket prices despite the airline's slow post-pandemic recovery. Travel news, reviews and intel for high-flyers. ... With travel restrictions in Hong Kong and mainland China finally lifted in January 2023, Cathay Pacific saw passenger numbers soar six-fold, from 2.8 ...

  16. Cathay signals rebound from COVID with first profit, dividend since

    HONG KONG, March 13 (Reuters) - Cathay Pacific (0293.HK), opens new tab reported its first annual profit in four years as the airline left behind the pandemic-linked restrictions that drove heavy ...

  17. HK's Cathay Pacific pilots' union warns pay cut hinders growth

    After surviving almost three years of strict Covid-related travel restrictions that brought Hong Kong's travel and tourism to a near-standstill, Cathay last year announced plans to fast-track ...

  18. Bangkok Post

    Hong Kong and mainland China lifted international travel restrictions in early 2023. Revenue rose 85% to HK$94.5 billion as post-pandemic travel demand continued and ticket prices rose.

  19. Cathay Pacific 'is back' with $1.9 billion profit in 2023

    Cathay also posted an operating profit of US$1.9 billion in 2023, the highest on record, according to Bloomberg News, and announced its first dividend payment since 2019, at HK$0.43 per ordinary ...

  20. PDF Cathay Pacific Airways Limited

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  21. First Cathay profit since 2019 as travel demand boosts earnings

    Cathay Pacific Airways, Hong Kong's flagship carrier, on Wednesday reported a return to profitability in the first fiscal year since 2019, driven by a surge in travel demand following three years of Covid-19 pandemic-related restrictions. The airline reported an attributable profit of HK$9.23 ...

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  23. Cathay Pacific: Cathay signals rebound from Covid with first profit

    Cathay Pacific Cathay Pacific reported its first annual profit in four years as the airline left behind the pandemic-linked restrictions that drove heavy losses and layoffs, pushing its shares to a four-year high. Hong Kong's flagship airline said on Wednesday it earned a net profit of HKD9.79 billion (USD 1.25 billion) in 2023, above the average HKD 8.67 billion estimated in an LSEG survey of ...

  24. Cathay Pacific 'is back' with first annual profit since 2019

    While airlines around the world had been hit by the impact of travel restrictions, Cathay's recovery has been slower than regional rivals such as Singapore Airlines. The airline said profit surged to US$1.25 billion last year, compared with a loss of US$847 million in 2022, after hitting its target of operating at 70 percent of pre-pandemic ...

  25. Cathay signals rebound from COVID with first profit, dividend since

    Cathay Pacific 293 reported its first annual profit in four years as the airline left behind the pandemic-linked restrictions that drove heavy losses and layoffs, pushing its shares to a four-year high.. Hong Kong's flagship airline said on Wednesday it earned a net profit of HK$9.79 billion ($1.25 billion) in 2023, above the average HK$8.67 billion estimated in an LSEG survey of nine analysts ...

  26. Cathay signals rebound from COVID with first profit, dividend ...

    Shares in Cathay's largest shareholder, Swire Pacific, closed up more than 3%. The airline was offered a $5 billion pandemic-related rescue package led by the Hong Kong government in 2020.