The Cathay Group has announced a robust set of 2025 Interim Results, highlighting continued financial strength and a bold vision for the future of aviation in Hong Kong.
Reporting a HK$3.7 billion profit in the first half of 2025, the Group has also confirmed the exercise of purchase rights for 14 additional Boeing 777-9 aircraft, increasing its total commitment for the aircraft type to 35. This move signals Cathay’s strategic focus on long-term growth, customer experience, and solidifying Hong Kong’s role as a premier international aviation hub.
The first half of 2025 proved to be a period of resilience and steady performance for the Cathay Group. The attributable profit of HK$3.7 billion is consistent with the same period in 2024. This strong showing was driven by increased passenger capacity and volumes, a resilient cargo business, and lower fuel costs, all of which contributed to a healthy operating environment.
While yields were lower compared to the previous year, the Group’s core passenger and cargo operations remained strong. Losses from associated companies largely recognised three months in arrears stood at HK$181 million, an improvement over the HK$342 million loss reported in the first half of 2024.
In light of this performance, Cathay has declared a first interim dividend of HK20 cents per ordinary share, amounting to HK$1.3 billion. This matches the first interim dividend payout from the previous year and reflects the Group’s commitment to delivering shareholder value.
Expansion of Long-Haul Fleet with Boeing 777-9 Order
A key highlight of Cathay’s interim announcement is the confirmation of an order for 14 additional Boeing 777-9 aircraft. With this latest move, Cathay’s total commitment to the aircraft type rises to 35, reinforcing its strategic emphasis on modernising and expanding its long-haul capabilities.
This acquisition forms part of an ambitious fleet renewal and expansion plan launched in recent years. The Group has committed to more than 100 new aircraft across narrowbody, regional widebody, long-haul widebody, and freighter segments. These investments are not limited to aircraft alone, they also include new cabin products, premium lounges, and digital innovation initiatives, all aimed at enhancing the travel experience and strengthening the Group’s competitive edge.
Cathay Group Chair Patrick Healy noted that these strategic investments, now totaling well over HK$100 billion, are not just about growth, they represent a deeper commitment to elevating the customer experience and reinforcing Hong Kong’s global connectivity.
Global Network and Industry Recognition
Cathay’s network development efforts have continued at pace in 2025. So far this year, Cathay Pacific and HK Express have launched or announced 19 new destinations, contributing to a global network that now spans over 100 passenger destinations. This expansion further enhances Hong Kong’s status as an international aviation gateway, opening new markets and routes for both passengers and cargo.
The Group’s achievements have not gone unnoticed. Cathay Pacific has earned significant accolades in 2025, being named one of the world’s top three airlines by Skytrax.
It also received recognition for offering the world’s best Economy Class and the world’s best inflight entertainment. Meanwhile, Cathay Cargo was once again awarded Cargo Operator of the Year by Air Transport World, and HK Express was named one of the top five low-cost airlines globally by Airline Ratings.
Investing in Customer Experience Enhancements
In parallel with its fleet investments, Cathay is actively enhancing its customer experience both in the air and on the ground. A range of new cabin products, dining experiences, and lounges are being rolled out as part of a long-term vision for elevated travel.
The new Aria Suite Business Class cabins and inflight entertainment systems introduced by Cathay Pacific have already received multiple design awards. The airline is preparing to retrofit its existing Airbus A330s with brand-new cabins, including a flat-bed Business Class product, scheduled for launch in 2026. Even more ambitious is the plan to introduce a world-leading First Class experience aboard the Boeing 777-9 aircraft when the first of the newly ordered jets enters service in 2027.
Beyond these future developments, refinements to the current regional Business Class cabins on selected A330-300 and 777-300 aircraft are already underway and expected to be completed in 2025. These updates will improve comfort, design, and functionality for regional travellers.
Cathay Pacific has also become one of the very few airlines globally to offer both 100% seatback inflight entertainment and 100% inflight connectivity across its entire fleet, ensuring a consistent and modern passenger experience on every flight.
Lounge Developments Around the Globe
On the ground, Cathay’s investment in lounge spaces continues to take shape. In early 2025, The Bridge lounge at Hong Kong International Airport reopened following a complete redesign, setting a new benchmark in premium travel amenities.
More enhancements are on the horizon. The flagship lounge in Beijing is scheduled to reopen this month with a fresh new look, while a brand-new flagship lounge in New York is slated to open in 2026. These developments are part of a broader plan to offer world-class hospitality, consistency, and comfort across Cathay’s global network of airport lounges.
While much attention has been paid to passenger services, Cathay Cargo continues to strengthen its role as a vital pillar of the Group’s operations. The cargo division is actively investing in special solutions, such as tailored services for pharmaceuticals, perishable goods, and time-sensitive shipments.
In parallel, Cathay Cargo is enhancing its digital capabilities, making cargo booking, tracking, and coordination more efficient and user-friendly. Sustainability also remains a focus, with ongoing efforts to reduce the environmental footprint of cargo operations and introduce more sustainable practices across the logistics chain.
Shahriena Shukri is a journalist covering business and economic news in Malaysia, providing insights on market trends, corporate developments, and financial policies. More about Shahriena Shukri.
