After the epidemic, the demand for air is strong. Hong Kong Cathay Pacific's profit will be HK $ 4.5 billion (S $ 760 million) in the first half of 2023, and will provide employees with a prize of up to six weeks of salary.
Comprehensive Reuters and Bloomberg reported that Cathay Pacific has achieved a profit for the first time in the first three years after losing 5 billion Hong Kong dollars in the first half of 2022.
Reporting analysis, Cathay Pacific's profit is mainly due to the strong rebound in tourism needs, increased group capacity, and the one -time revenue of HK $ 1.9 billion brought by the sale of Air China shares.
Cathay Pacific's passenger capacity was about 7.82 million in the first half of the year, a significant increase from more than 330,000 last year, and the number of flights increased by more than doubled, reaching 18,101.
Cathay Pacific's chief customer and business officer Liu Kaishi said that Cathay Pacific is increasing the class to meet the strong travel needs.Freight demand is kept stable, and this state will be maintained throughout the summer, and then recovered later in the third quarter.
After Hong Kong's lunch, Cathay Pacific's stock price soared 6.3%, the highest since this year.