Core Business Overview - Cathay Group has showcased its four core business segments: premium travel, low-cost aviation, efficient cargo, and lifestyle products at the China International Import Expo, emphasizing its strategic investment planning and commitment to sustainable development [1][3] - The company is in a phase of recovery, reconstruction, and comprehensive development, reflecting its strategy of being rooted in Hong Kong, backed by the mainland, and connected to the world [1] Cargo Operations - Cathay's cargo operations have played a crucial role in global logistics connectivity, with a focus on showcasing its capabilities in timely, temperature-controlled, and special cargo transportation [3][4] - The company operates 20 Boeing 747 freighters, highlighting its commitment to cargo services, which includes significant transport tasks like moving giant pandas and cultural artifacts [4][5] - In the first half of the year, cargo revenue increased by 2.2% to HKD 11.141 billion, with a volume growth of 11.4% to 801,000 tons [5] Passenger Services - Cathay has expanded its global passenger route network, surpassing 100 destinations, with a focus on increasing flight frequencies to mainland China [6][7] - The company aims to add more routes and increase flight frequencies, particularly to major cities like Beijing, Shanghai, Guangzhou, and Chengdu [7][10] - Cathay Pacific has become the airline with the most flights between Hong Kong and mainland China, operating over 330 round-trip flights weekly [10] Sustainable Development Initiatives - The company is committed to achieving net-zero carbon emissions by mid-century, focusing on sustainable aviation fuel (SAF) and circular economy practices [14][16] - Cathay has partnered with Airbus to invest up to USD 70 million to promote the development of SAF by 2030, and is collaborating with state-owned enterprises to advance SAF applications in mainland China [14] - Efforts to reduce plastic usage include a target to decrease single-use plastic items per passenger from 7.7 to 1.5 by 2025, and to reduce waste generated on flights by 30% by 2030 [16][17] Future Outlook - Cathay Group is set to celebrate its 80th anniversary next year, with ongoing efforts to enhance customer experience and sustainable development [12] - The company plans to introduce new cabin products and improve existing services, including the launch of new aircraft and cabin designs [13][14] - Cathay aims to continue expanding its route network and innovating its products and services while contributing to China's high-level opening-up and international cooperation [18]
国泰持续深耕内地市场，携四大核心业务三赴进博会
Di Yi Cai Jing·2025-11-13 12:04