00293 CATHAY PAC AIR
- 8.760
- -0.040-0.45%
CATHAY PAC AIR News
Express News | Direct flight from Beijing to Sanya for 255 yuan! Ticket prices plummeted after “May 1st,” and some were as low as 10% off
Bank Rating | Citigroup: Target Price for Cathay Pacific's “Buy” Rating Raises to HK$11.6
Glonghui, May 11 | Citibank released a research report saying that based on last year's performance and the latest industry developments, the profit forecast for Cathay Pacific was adjusted accordingly, and the core profit forecast for this year and next two years was raised by 22% to 46%, which is 2% and 6% lower than the general market forecast. Citi pointed out that with the recovery of business travel, the data performance of various airlines was strong, while outbound travel from China continued to resume. Therefore, it maintained a positive view of Cathay Pacific. The target price rose slightly to HK$11.6, with a “buy” rating.
Cathay Pacific: Maintains 50% dividend payout ratio policy
Glonghui, May 8 | Cathay Pacific (0293.HK) resumed dividend payments last year. Regarding the future dividend policy, Chairman He Yili said that the group will maintain a 50% dividend ratio policy, but will consider different factors and depend on the specific circumstances of each year. In terms of capacity, Lin Shaobo, CEO of the group, said that it was previously planned to return to 80% of capacity before the epidemic in the second quarter of this year. Currently, it has met the standards, and is confident that capacity will return to 100% before the epidemic in the first quarter of next year. He pointed out that the group will continue to operate under dual brands and will develop more new routes, which will be announced in the second half of the year, and will also invest more in Cathay Pacific's main brands to enhance
Cathay Pacific (00293): The capacity has now reached 80% and is confident of recovering 100% in the first quarter of next year
On May 8, Cathay Pacific (00293) CEO Lin Shaobo said at the shareholders' meeting that Cathay Pacific and its subsidiary HK Express (HK Express) have now reached 80% capacity and are confident about the goal of reaching 100% capacity in the first quarter of next year.
New characteristics of “May Day” tourism: Cruise ships are on the rise, the entry/exit market heats up, and ticket prices “dive” during the temporary period?
The “May Day” holiday is approaching. The Financial Services Association reporter learned that the biggest difference between this year's “May Day” holiday and last year is the reentry of the cruise market. In addition, there are also changes such as the heating up of the inbound travel market and the expansion of the range of outbound travel destination choices compared to last year.
Airline tickets are temporarily diving, hotel prices are rising again, and inbound and outbound travel is hot! Regulatory requirements in many places regulate operations
The countdown to this year's “May Day” holiday is in its final stages. When traveling during the holidays, transportation and accommodation costs are topics that can never be circumvented. Shortage of supply of high-speed rail, flights, and hotels due to concentrated tourist travel is the focus of recent netizens' comments.
Express News | Cathay Pacific Group CEO: First batch of mainland flight attendants received positive feedback and will continue to expand
Express News | Cathay Pacific Jun An: May Day Holiday Trip May Exceed Expectations
Changes in US dollar bonds | Cathay Pacific 4.875 08/17/26 prices rose 1.668% to 100.155
CATHAY 4.875 08/17/26, issued by Cathay Pacific on April 22, rose +1.668% and yield 4.800%.
Selected announcements | China Tower's Q1 net profit increased 11.1%; China Unicom's Q1 net profit increased 8.9%
The number of passengers carried by Cathay Pacific increased by 40% in March; China Telecom increased the net number of users by 1.91 million in March.
Express News | Cathay Pacific Junan: Ticket pre-sales for the May 1st holiday have accelerated, and the volume and price are expected to surpass 2019
Express News | Cathay Pacific: The number of passengers carried 1.883,400 in March increased by 42.4% year-on-year
Cathay Pacific (00293) carried 1.8834 million passengers in March, a year-on-year increase of 42.4%
Cathay Pacific (00293) released passenger and cargo volume data for March 2024. Benefit from the long Easter holidays, plus...
Cathay Pacific (00293): Passenger capacity is expected to return to pre-epidemic levels in the first quarter of 2025
On April 19, Cathay Pacific (00293) personnel director Huang Weitong said that Cathay Pacific has launched a comprehensive recruitment plan to support the company's reconstruction.
Changes in Hong Kong stocks | Air China (00753) fell more than 4%, leading the decline in airline stocks, domestic market had excess capacity in the off-season, and demand for international routes declined in March
Airlines stocks declined today. As of press release, Air China (00753) fell 3.92% to HK$3.68; China Southern Airlines (01055) fell 3.36% to HK$2.59; Eastern Airlines (00670) fell 2.63% to HK$1.85; and Cathay Pacific (00293) fell 1.59% to HK$8.04.
Direct impact of changes | Aviation stocks rose collectively. The overall capacity of airlines picked up in March, and the “May 1st” holiday of civil aviation may face a peak in demand
On April 18, $Airline Shares (BK1240.HK) rose collectively. As of press release, $Meilan Airport (00357.HK) $ rose 10.50% to HK$7.68; $Air China (00753.HK) $ rose 4.67% to HK$3.81; $China Southern Airlines (01055.HK) $ rose 4.26% to HK$2.69; $China Eastern Airlines (00670.HK) $ rose 3.80% to HK$1.91. Market source: According to news from Futubull Niuniu, recently, Air China, China Southern Airlines and other airlines
Intraday Overview | Hong Kong stocks continued to rise. The three major indices all rose by about 1%, and insurance and aviation stocks had the highest gains
Sporting goods stocks rose, with Anta Sports and Taobo up more than 3%, and Special Step up more than 2%; insurance stocks generally rose; China Ping An and China Financial Insurance rose about 4%; aviation stocks strengthened, and China Southern Airlines rose about 5%.
Express News | Cathay Pacific's low-cost airline subsidiary Hong Kong Express opens additional routes to mainland China and the Philippines
Express News | Three departments: Supporting enterprises such as automobiles, home appliances, machinery, aviation, ships and marine engineering equipment to “go global”
Civil Aviation Administration: The entire industry completed a total of 54.73 million passenger traffic in March, an increase of 25.7% year-on-year
On April 16, according to the Civil Aviation Administration of China, in March, the entire industry completed a total of 54.73 million passenger traffic, an increase of 25.7% over the previous year, and an increase of 7.3% over the same period in 2019.
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