Operating profit hit a record HK$8.8 billion, lifted by the combination of strong demand and high ticket prices.Ĭathay expects to reach 70% of pre-pandemic passenger flight capacity by the end of 2023 and 100% by the end of next year. Net income totaled HK$4.3 billion ($550 million) in January-June, the best half-yearly return in 13 years. Read More: Hong Kong’s Best Airport Lounge Shows Travel and Luxury Are Back “We expect to see a solid performance through the rest of the year.” “We’re extremely pleased with the performance to date,” Chairman Patrick Healy said at a post-earnings media briefing Wednesday. expects its strong recovery from the Covid crisis to continue through the rest of the year after the carrier announced its biggest half-yearly profit since 2010. (Bloomberg) - Cathay Pacific Airways Ltd.
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