Zhi Tong Cai Jing·2026-01-21 09:34Core Viewpoint - Cathay Pacific is experiencing significant growth in passenger and cargo capacity, with projections indicating a strong demand for travel and freight services in 2025 compared to 2024 [1][2] Passenger Capacity - Cathay Pacific's passenger capacity in December 2025 is expected to increase by 22% year-on-year, with available seat kilometers rising by 23% [1] - The total passenger volume for 2025 is projected to grow by 27% compared to 2024, reaching over 36 million passengers [1] - Hong Kong Express is also seeing growth, with December 2025 passenger numbers expected to exceed 780,000, a 24% increase from December 2024 [1] Cargo Capacity - Cathay Pacific's cargo volume in December 2025 is anticipated to rise by 6% year-on-year, with available cargo ton kilometers increasing by 8% [1] - The total cargo volume for 2025 is expected to exceed 1.6 million tons, reflecting a growth of over 9% compared to 2024 [1] Market Demand - The demand for inbound travelers is stable, particularly from students returning from North America, Oceania, and the UK, as well as visitors from Northeast Asia, Thailand, and India during the year-end holiday [1] - Outbound travel demand is notably strong during the holiday peak, especially to Northeast and Southeast Asia, with mainland China emerging as a popular destination for Hong Kong travelers [1] Future Outlook - Following the year-end holiday, flight bookings for the Lunar New Year are steadily increasing, with a focus on leveraging key events in Hong Kong and the region to drive travel demand leading up to Easter [2] - Cathay Pacific has been recognized as one of the top two safest airlines globally for 2026, reflecting its commitment to operational safety [2] - Hong Kong Express has also been awarded as the safest low-cost airline globally for two consecutive years, underscoring its high safety standards [2] - The company plans to celebrate its 80th anniversary in 2026 with special events aimed at enhancing customer experience and reinforcing Hong Kong's status as a leading international aviation hub [2]