1946年9月25日，二战结束不久，一架道格拉斯DC-3飞机，从澳大利亚悉尼起飞，经香港飞往上海，运 送重建物资，开启了国泰航空连接中国香港、内地与世界的飞跃之旅。 从一架飞机起步，由初始的物资货运，到后来的客运与货运齐飞。80年来，国泰航空经历了喷气式飞机 崛起、远程洲际飞行的"黄金时代"，也历经数次亚洲、全球金融和石油危机考验，尤其是新冠疫情对航 空业前所未有的"重创"，停飞、裁员、政府纾困……经过三年的复苏、重建努力，这家高端航司重飞云 端，迎来新的历史高点。 国泰集团3月11日公布的2025年业绩显示，2025年收益1167.66亿港元，同比增长11.9%。股东应占溢利 108.28亿港元，同比增长9.5%，为新冠疫情以来盈利首次超过百亿规模，而且实现2011年以来最高盈 利。 国泰集团公布2025年全年业绩，并于深圳举办媒体沟通会。 "2023年到2025年，是国泰历史上最好的三年。"3月12日，国泰集团行政总裁林绍波在深圳举行的内地 媒体沟通会上表示，新冠疫情最难的三年，国泰改革让公司得以复苏，过去连续三年都取得了高水平的 财务成果，"三年盈利超过了300亿港元，已经超过了疫情的亏损"，为未来五年 ...

Core Viewpoint - Cathay Pacific has achieved a net profit of HKD 10.828 billion for the fiscal year 2025, marking a 9.5% year-on-year increase, driven by increased capacity, stable passenger volume, and strong cargo demand [1][3] Financial Performance - The group recorded a profit attributable to shareholders of HKD 9.996 billion [3] - Passenger revenue reached HKD 72.454 billion, up 15.8% year-on-year [3] - Cargo revenue was HKD 24.279 billion, reflecting a 1.2% increase [3] - Hong Kong Express, a wholly-owned subsidiary, reported passenger revenue of HKD 6.394 billion, a 6.7% increase [3] - However, revenue yield declined across the board: Cathay Pacific down 10.3%, cargo down 4.6%, and Hong Kong Express down 15.3% [3] - Hong Kong Express incurred a loss of HKD 999.6 million, widening from previous losses [3] Operational Challenges - The rise in oil prices due to geopolitical tensions has significantly impacted operational costs, with fuel prices increasing approximately twofold since January [6][8] - The group plans to maintain a fuel hedging mechanism, with a hedging ratio of 30% for the current year [8] - The suspension of certain Middle Eastern routes due to geopolitical issues has led to increased demand for flights from Hong Kong to Europe [6][8] Strategic Initiatives - Cathay Pacific plans to increase investment in the Chinese mainland, expanding its route network and upgrading service offerings [1][9] - The group added five new destinations in 2025, increasing its total to 24 in mainland China [9] - Hong Kong Express aims to diversify its route network, particularly in mainland China and Southeast Asia, to reduce reliance on single routes [5] Fleet Expansion - The group is set to invest over HKD 100 billion, with plans to introduce more than 100 new aircraft in the coming years [10] - The first new generation long-haul aircraft, Boeing 777-9, is expected to be delivered in 2027 [10] Future Outlook - The group has reported profits exceeding HKD 30 billion for three consecutive years since 2023, marking a significant recovery from previous losses [11] - 2026 is identified as a pivotal year for the group, marking the beginning of a new five-year plan [11]

刘凯诗还提到了香港快运，"香港快运在11月继续保持客运量增长，运载率超过83%，较2024年同期增 长近6个百分点。展望12月，整体航线网络的预订保持良好。" 值得一提的是，在11月初闭幕的第138届中国进出口商品交易会（广交会）期间，作为广交会全球合作 伙伴，国泰集团与香港机场管理局联合设立现场服务柜台，将便利的值机服务搬到了广交会现场，依托 全球航线网络与多式联运网络，为参展人员提供涵盖现场值机、行李递送及多式联运的一站式出行服 务。 据悉，国泰航空于展馆内设立专属服务柜台，提供"现场值机、免费行李递送与多式联运"的一站式服 务。客商在参展期间即可办理值机，并将行李直接托运至琶洲港或广州白云机场（600004），轻松实 现"无负担参展"。返程阶段，客商可灵活选择从广州白云机场搭乘国泰航班，或经琶洲港乘坐快船直达 香港国际机场，享受行李直挂与免香港通关的顺畅中转。此外，客商亦可专享广交会来宾礼遇：凭本届 参展商/采购商有效证件，即可在出发当日免费体验国泰蛇口贵宾室。此外，为提升服务效率与可靠 性，国泰航空此次与京东物流达成合作，引入其智慧物流技术，优化行李递送流程，以科技赋能客商出 行，进一步强化"展贸+出 ...