智通财经网·2025-11-24 10:09Core 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]