Air freight demand between Asia and Europe is expected to remain strong, as the market shifts from e-commerce toward higher-value cargo linked to AI infrastructure and advanced manufacturing.
Cathay Pacific has reversed most of the fuel surcharge increases that were imposed as a result of the Middle East crisis, with the cuts reflecting the recent easing fuel costs.
Cathay Pacific Airways entered 2026 in a strong position and remains on track to deliver its 2030 Vision strategy following two solid-performance years.
By Helen Massy-Beresford, Christine Boynton, Jens Flottau, Lori Ranson, Adrian Schofield
Global airlines consider capacity cuts, increased ticket prices and fuel surcharges to manage the short-term spike and long-term uncertainty caused by the war.
Cathay Pacific plans to make significant progress in its aircraft retrofit programs this year and expects to take delivery of eight more Airbus narrowbodies.
Cathay Pacific is seeing positive results from efforts to diversify the network of its low-cost subsidiary HK Express despite widening losses for fiscal 2025.
Cathay Pacific is seeing a dramatic rise in fuel costs as a result of the Iran war, but it is also seeing demand increase in some international transit markets.
Cathay Pacific has made significant gains in its corporate sustainable aviation fuel program, which is a major factor in the carrier’s increased SAF usage.
