Zhi Tong Cai Jing·2025-12-22 11:25Core Viewpoint - Cathay Pacific Airways reported significant growth in passenger and cargo volumes for November 2025 compared to the same month in 2024, indicating a strong recovery in demand across various markets [1] Passenger Traffic - In November 2025, Cathay Pacific's passenger volume reached 2.5304 million, a 26% increase year-on-year, with available seat kilometers rising by 22% [1] - For the first 11 months of 2025, total passenger numbers were 26.1308 million, reflecting a 27% increase compared to the same period in 2024 [1] - Hong Kong Express recorded nearly 640,000 passengers in November 2025, a 27% increase year-on-year, with available seat kilometers up by 18% [1] - The overall passenger load factor reached 87%, the highest for a single month in two years, driven by strong demand from Northeast Asia, Europe, and Southeast Asia [1] Cargo Traffic - Cathay Pacific's cargo operations transported 157,500 metric tons in November 2025, a 10% increase from November 2024, with available cargo ton kilometers increasing by 7% [1] - For the first 11 months of 2025, cargo volume also increased by 10% compared to the previous year [1] - The company noted robust export demand from Hong Kong and mainland China, as well as growth in Southeast Asia, South Asia, the Middle East, and Africa [1] Financial Performance - The group achieved approximately HKD 900 million in other income in the second half of the year from a non-recurring gain related to a settlement agreement with a supplier [1] - Historically, the second half of the year has been a strong period for the group, and the overall financial performance for 2025 is expected to surpass last year's solid results [1]