Cathay Pacific Starts 2026 Strong With Higher Passenger and Cargo Volumes

Tip Ranks
2026.02.24 10:08
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Cathay Pacific Airways reported a strong start to 2026, with over 3.3 million passengers carried in January, an 11% increase year-on-year, and a 5% rise in cargo volumes to over 130,000 tonnes. The airline set new single-day passenger records on February 14 and noted improved premium-cabin load factors and robust leisure demand. With a 14% increase in available seat capacity, management anticipates ongoing revenue growth and strong demand, supported by positive forward bookings. Analysts rate the stock as a Buy with a price target of HK$14.00.