Zhong Guo Min Hang Wang·2026-01-22 07:16Core Insights - Cathay Pacific Group reported a significant increase in passenger and cargo volumes for December 2025, with a total of over 36 million passengers carried, representing a 27% year-on-year growth [1] - The cargo volume exceeded 1.6 million tons for the year, marking an increase of over 9% compared to 2024 [1] Passenger Traffic - In December 2025, Cathay Pacific and HK Express together carried over 125,000 passengers on December 27, setting a new single-day record, which was further surpassed on January 3, 2026, with over 126,000 passengers [1] - The passenger capacity, measured in available seat kilometers, increased by over 25% compared to 2024 [1] - December 2025 passenger volume increased by 22% year-on-year, with available seat kilometers rising by 23% [1] - The influx of students returning from North America, Oceania, and the UK contributed to stable inbound passenger flow, along with increased visitors from Northeast Asia, Thailand, and India during the year-end holiday [1] Cargo Traffic - In December 2025, cargo volume increased by 6% year-on-year, with available cargo ton kilometers rising by 8% [2] - The overall cargo volume for 2025 saw an increase of over 9% compared to 2024 [2] - Despite a slight decline of 3% from November, December's cargo volume remained strong, driven by demand for fresh produce transported via dedicated express lines [2] - The performance of special cargo services in Northeast Asia was robust, primarily due to the demand for transporting mechanical components [2] HK Express Performance - HK Express carried over 780,000 passengers in December 2025, a 24% increase compared to December 2024, with available seat kilometers increasing by 19% [2] - The total passenger volume for HK Express in 2025 increased by 30% compared to the previous year [2]