Core 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 in October, 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 mainland China and Southeast Asia [1] Passenger Operations - In October 2025, passenger volume increased by 29% compared to the same month in 2024, with available seat kilometers rising by 26% year-on-year [1] - The 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 - Cargo volume in October 2025 increased by 6% year-on-year, with available cargo ton kilometers up by 8% [2] - The demand for the "Cathay Fresh Cargo" service remains strong, particularly for fresh produce from Southeast Asia and Oceania, as well as for salmon shipments from South America 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 increasing by 34% [3] - The load factor for Hong Kong Express was nearly in line with the previous year's level, supported by strong demand during the National Day holiday [3] - The airline will closely monitor travel demand to Japan while focusing on enhancing overall network demand [3]

Group 1: Passenger Traffic - In July 2025, Cathay Pacific's passenger volume increased by 24% compared to the same month last year, with available seat kilometers rising by 30% [1] - For the first seven months of 2025, passenger volume increased by 27% compared to the same period in 2024 [1] - The passenger load factor in July reached 86%, driven by strong demand from students and leisure travelers [1] Group 2: Cargo Traffic - In July 2025, Cathay Pacific's cargo volume increased by 11% year-on-year, with available cargo ton kilometers also rising by 11% [1] - The growth in cargo volume reflects a rush to transport goods before tariff adjustments, with a 6% increase in capacity compared to the previous month [2] - The demand for cargo transport from Southeast Asia to Hong Kong was particularly strong, aided by seasonal demand for fresh produce [2] Group 3: Operational Developments - Cathay Pacific and Hong Kong Express carried approximately 3.2 million passengers in July, marking a new monthly high for the year [1] - The company resumed weekly flights between Hong Kong and Brussels starting in August [1] - Hong Kong Express also saw a 22% increase in passenger volume in July 2025 compared to the same month in 2024, with available seat kilometers up by 38% [2]