Core Insights - Cathay Group reported a robust performance in passenger and cargo operations for October, with over 3.2 million passengers carried, representing a 21% month-on-month increase [1] - Cathay Pacific's passenger volume increased by 29% year-on-year in October, while available seat kilometers rose by 26% [1] - Cargo operations saw a volume exceeding 150,000 tons in October, reflecting a 12% month-on-month growth [1] - For the first ten months of the year, passenger and cargo volumes increased by 27% and 10% respectively compared to the same period last year [1] - The demand for passenger travel was notably strong in October, driven by the National Day and Mid-Autumn Festival holidays, with significant growth in leisure travel from mainland China to Hong Kong and globally [1] - Looking ahead, strong bookings for the Christmas travel season are anticipated, particularly from inbound travelers visiting from North America, the UK, and other European countries [1] - Cathay Group is expanding its global route network, planning to operate approximately 330 round-trip flights to mainland China, nearly 100 flights to Oceania, and over 430 flights to Southeast Asia during the winter travel peak [1]

Core Insights - Cathay Pacific's passenger and cargo operations showed steady performance in October 2025, with over 3.2 million passengers carried, a month-on-month increase of 21% [1] - Cargo volume exceeded 150,000 tons in October, reflecting a month-on-month growth of 12% [1] - The airline is expanding its global route network, launching new services to Changsha and Adelaide, and increasing flight frequencies to mainland China and Southeast Asia [1] Passenger Operations - In October 2025, passenger volume increased by 29% compared to the same month in 2024, with available seat kilometers rising by 26% year-on-year [1] - The load factor reached 86%, the highest for the month in recent years, driven by strong demand during the National Day and Mid-Autumn Festival holidays [2] - Forward bookings for the Christmas travel season remain robust, with expectations of increased inbound travelers from North America, the UK, and other European regions [2] Cargo Operations - Cargo volume in October 2025 increased by 6% year-on-year, with available cargo ton kilometers up by 8% [2] - The demand for the "Cathay Fresh Cargo" service remains strong, particularly for fresh produce from Southeast Asia and Oceania, as well as for salmon shipments from South America to mainland China [2] - The company anticipates sustained strong demand in the remaining peak cargo season, especially on major cargo routes [3] Hong Kong Express - Hong Kong Express carried over 680,000 passengers in October 2025, a 32% increase compared to the same month in 2024, with available seat kilometers increasing by 34% [3] - The load factor for Hong Kong Express was nearly in line with the previous year's level, supported by strong demand during the National Day holiday [3] - The airline will closely monitor travel demand to Japan while focusing on enhancing overall network demand [3]

Core Viewpoint - Cathay Pacific Airways reported a steady performance in passenger and cargo operations for October 2025, with significant increases in both metrics compared to previous periods [1] Group 1: Passenger Operations - In October 2025, Cathay Pacific and Hong Kong Express collectively carried over 3.2 million passengers, representing a month-on-month increase of 21% [1] - The passenger load factor for October 2025 increased by 29% compared to the same month in 2024 [1] - Available seat kilometers (ASK) increased by 26% year-on-year in October 2025 [1] - For the first ten months of 2025, passenger numbers increased by 27% compared to the same period in 2024 [1] Group 2: Cargo Operations - Cathay Pacific's cargo volume exceeded 150,000 tons in October 2025, marking a month-on-month growth of 12% [1]

Core Insights - Cathay Pacific's passenger and cargo operations showed steady performance in October 2025, with over 3.2 million passengers carried, a month-on-month increase of 21% [1] - Cargo volume exceeded 150,000 tons, reflecting a month-on-month growth of 12% [1] - The airline is expanding its global route network, launching new services to Changsha and Adelaide, and increasing flight frequencies to various regions during the winter travel peak [1] Passenger Operations - In October 2025, Cathay Pacific's passenger volume increased by 29% compared to the same month in 2024, with available seat kilometers rising by 26% year-on-year [1] - The passenger load factor reached 86%, the highest for the month in recent years, driven by strong demand during the National Day and Mid-Autumn Festival holidays [2] - Forward bookings for the Christmas travel season remain robust, with expectations of increased inbound travelers from North America, the UK, and other European regions [2] Cargo Operations - Cathay Pacific's cargo volume in October 2025 increased by 6% year-on-year, with available cargo ton kilometers up by 8% [2] - The cargo business continues to show strong momentum, particularly in Southeast Asia and Oceania, driven by fresh produce shipments to Hong Kong and South American salmon exports to mainland China [2] - The company anticipates sustained strong demand in the remaining peak cargo season, especially on major cargo routes [3] Hong Kong Express - Hong Kong Express carried over 680,000 passengers in October 2025, a 32% increase compared to the same month in 2024, with available seat kilometers rising by 34% [3] - The airline's passenger load factor remained nearly in line with the previous year, supported by strong demand during the National Day holiday [3] - Future flight bookings indicate a continuation of this positive trend, with a focus on monitoring travel demand to Japan and enhancing overall network demand [3]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對 其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分 內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 CATHAY PACIFIC AIRWAYS LIMITED 國泰航空有限公司 (於香港註冊成立的有限公司) (股份代號：293) 二零二五年十月份客、貨運量數據 附上的新聞稿載列國泰航空有限公司（「公司」，連同其附屬公司，統稱「國泰集 團」或「集團」）的二零二五年十月份客、貨運量數據。新聞稿載列的資料可能為 股價敏感資料。因此，本公告附上新聞稿乃按《證券及期貨條例》第 XIVA 部發 出。新聞稿載列的資料乃在內部管理記錄的基礎上編制，未經外聘核數師審核或審 閱。 本公告乃公司根據《證券及期貨條例》第 XIVA 部發出。 本公告載列的資料乃在內部管理記錄的基礎上編制，未經外聘核數師審核或審閱。 投資者在買賣公司股票時務必審慎行事。 於本公告所載日期，公司的在任董事如下： 常務董事： 賀以禮（主席）、林紹波、劉凱詩、麥皓雲、沈碧嘉； 非常務董事： 馬崇賢（副主席）、白德利、麥廣能、孫玉權、施銘倫、 鄧健榮 ...

Core Viewpoint - Cathay Pacific is closely monitoring the developments in Sino-Japanese tourism and understands that customers may need to adjust their travel plans based on different circumstances [1] Group 1 - The company aims to provide support and flexible handling for customers who have booked flights to Japan, offering options to adjust their itineraries [1] - Several mainland Chinese airlines have announced free refunds and ticket changes for customers with tickets to Japan [1]

此前，国泰航空宣布，将与卡塔尔航空签署回购协议，回购卡塔尔航空持有的全部国泰股份，约占公司 已发行股份总数的9.57%，作价达到69.69亿元。据悉，卡塔尔航空于2017年底入股国泰航空。 香港联交所最新资料显示，11月19日，国泰航空(00293)股东将股票存入香港上海汇丰银行，存仓市值 42.12亿港元，占比5.27%。 ...

Core Viewpoint - Cathay Pacific Airways is engaging in a share buyback agreement with Qatar Airways, which involves repurchasing all shares held by Qatar Airways, representing approximately 9.57% of the company's total issued shares for a total consideration of HKD 6.969 billion [1] Group 1 - On November 19, Cathay Pacific's shareholders deposited shares worth HKD 4.212 billion into HSBC Hong Kong, accounting for 5.27% of the total shares [1] - Qatar Airways initially acquired shares in Cathay Pacific at the end of 2017 [1]

Group 1 - Cathay Pacific is offering free cancellation and modification services for travelers booking flights to Japan due to travel warnings issued by the Chinese Ministry of Foreign Affairs and the Hong Kong government [1] - Following the travel warnings, there has been a significant drop in flight bookings to Japan, with a reported 65% decrease in bookings for Chinese routes at Tokyo Narita Airport on November 15 [2] - The number of planned travelers to Japan decreased from approximately 155 million on November 15 to 106 million by November 17, marking a 32% decline [2] Group 2 - The passenger load factor for flights from mainland China to Japan has seen a notable decline, with an expected drop of 12.3 percentage points on November 18 compared to the previous week [3] - The flight cancellation rate reached 13.4% on November 18, the highest in the past five days, indicating a growing trend of cancellations [3] - Many travel agencies have begun to withdraw promotional materials for Japan travel, and a wave of cancellations is anticipated as travelers seek alternative destinations [2]

Core Viewpoint - The aviation industry has a significant responsibility in reducing greenhouse gas emissions and achieving low-carbon development, with sustainable aviation fuel (SAF) being a key component in this transition [1][2]. Group 1: Company Initiatives - Cathay Pacific has been a pioneer in sustainable development within the aviation sector, establishing a carbon neutrality timeline and aiming for net-zero carbon emissions by the middle of the 21st century [1]. - The airline is actively implementing SAF refueling at multiple global locations, including Hong Kong, Los Angeles, London, and Singapore [1]. - Cathay Pacific collaborates with partners such as Sinopec, China National Aviation Fuel, Airbus, and academic institutions to accelerate the innovation and application of domestic SAF [1]. Group 2: Industry Context - The aviation sector accounts for 2%-3% of global carbon emissions, and its share is expected to rise as other industries transition to low-carbon practices [2]. - Reducing carbon emissions in aviation is crucial for achieving national carbon neutrality goals, with SAF identified as a vital pathway for the industry [2].