BUSINESSSCMP CHINA
Cathay Pacific posts 71% profit rise to HK$6.24 billion in first half of year
Cathay Pacific Airways reported a 71% year-on-year rise in net profit to HK$6.24 billion for the first half of 2026, driven by stronger demand. Cathay Group chairman Guy Bradley noted that jet fuel prices, while down from their peak in the second quarter, are increasing again due to escalating tensions in the Middle East.
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Adjacent reporting
- Cathay Pacific expects first-half profit to jump 75% to HK$6.5 billion
- Cathay to raise passenger fuel surcharges by up to 41% amid Middle East tensions
- Hong Kong’s Cathay Pacific to cut fuel surcharges again as costs ease
- Hong Kong airport profit falls 16.8% to HK$2b as expenses, salvage operation bite