CATHAY PAC AIR Halts Services to Dubai and Riyadh Temporarily
Travel Alert Raised: The Hong Kong Security Bureau has issued a red travel alert for Iran and Israel due to escalating tensions from US and Israeli attacks, advising residents to reconsider their travel plans.
Cathay Pacific Flight Cancellations: Cathay Pacific has announced the temporary suspension of flights to and from Dubai and Riyadh, with specific cancellations scheduled from February 28 to March 5, 2026, for Dubai and from February 28 to March 3, 2026, for Riyadh.
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CX Rises Approximately 6% After Noon as 2025 NP Increases by 9.5% and Full-Year DPS Boosted by 21.7%
Stock Performance: Cathay Pacific Air's stock closed up 1.43% at midday, reaching a high of $13.36, and ended the day at $13.22, reflecting a 4.75% increase with significant trading volume.
Annual Results: The airline reported a revenue of $116.766 billion for 2025, a year-on-year increase of 11.9%, and a net profit of $10.828 billion, up 9.5% YoY, with an increased dividend payout.
Dividend Increase: The second interim dividend per share (DPS) was raised to $0.64, a 30.6% increase from the previous year, contributing to a full-year DPS of $0.84, up 21.7% YoY.
Future Growth Plans: Cathay Pacific plans to take delivery of eight new narrow-body aircraft this year, aiming for a 10% increase in passenger capacity, which will also enhance cargo capacity.
CX Full-Year Net Profit Increases by 9.5% to $10.828 Billion; Second Interim Dividend Per Share Boosted by 30.6% to $0.64
Company Overview: Cathay Pacific Air (00293.HK) reported its annual results for the year ending December 2025.
Financial Performance: The airline achieved a revenue of $116.766 billion, reflecting an 11.9% increase year-over-year.
Market Activity: The company experienced short selling amounting to $22.38 million, with a short selling ratio of 10.426%.
Stock Movement: Cathay Pacific's stock price increased by 0.180, representing a rise of 1.426%.
JPM Anticipates CX Gains from Elevated Ticket Prices in the Short Term, Countered by Rising Oil Costs
CATHAY PAC AIR Results Announcement: CATHAY PAC AIR is set to announce its 2025 results today, amidst a backdrop of short selling activity and a significant impact from the Iran conflict on the global aviation industry.
Market Performance and Outlook: Despite a decline in share prices for CATHAY PAC AIR and Singapore Airlines, both airlines are expected to outperform global peers due to strong balance sheets and effective fuel hedging strategies.
JPMorgan's Analysis: JPMorgan maintains an Overweight rating on both CATHAY PAC AIR and Singapore Airlines, citing high ticket prices and freight yields as short-term support, although oil price trends pose challenges.
Target Prices Set: The target prices set by JPMorgan are $18 for CATHAY PAC AIR and SGD8.4 for Singapore Airlines, reflecting their confidence in the airlines' resilience despite market volatility.
CX: Suspension of Pax/Cargo Flights to/from Dubai/Riyadh Extended Until March 31
Flight Cancellations: Cathay Pacific has cancelled all passenger and cargo flights to Dubai and Riyadh until March 31 due to the volatile situation in the Middle East, offering affected travelers options to rebook or cancel their tickets.
Increased Capacity to Europe: In response to rising demand, Cathay Pacific will operate extra flights to London and increase capacity to Zurich in March, while prioritizing the safety of its customers and staff.
Cathay and WKCDA Launch New Aircraft Design 'Spirit of Hong Kong'
Collaboration Announcement: Cathay Pacific and the West Kowloon Cultural District Authority have launched a new art-focused aircraft livery titled "Spirit of Hong Kong - 80th Anniversary Edition," highlighting their commitment to local cultural creativity.
Cultural Exchange Vision: The initiative aims to elevate Hong Kong's arts and culture on a global scale, inviting international travelers to experience the city's rich cultural heritage and creative spirit.
HSI Drops 348 Points, OpenClaw Concepts Under Speculation; MINIMAX Rises 24%
Market Performance: The HSI fell by 1.4% to close at 25,408, with total market turnover reaching $392.33 billion. The HSCEI and HSTECH also experienced declines of 0.5% and 0.12%, respectively.
Oil and Energy Stocks: PETROCHINA and CNOOC saw increases of 2.3% and 3.3%, while KUNLUN ENERGY and SINOPEC CORP dropped by 3.9% and 4.4%. SHANDONG MOLONG surged by 25%, indicating volatility in the energy sector.
Commodities and Transportation Stocks: CHI SILVER GP and ZIJIN MINING fell by 7% and 2.8%, while SD GOLD rose by 3.7%. COSCO SHIP ENGY and Cathay Pacific Air experienced significant declines of 8.5% and 5.1%, respectively.
AI and Cloud Stocks Surge: AI stocks like KNOWLEDGE ATLAS and INSILICO rose by 8.1% and 7.1%, driven by the OpenClaw craze, while cloud service providers KINGSOFT CLOUD and GDS-SW increased by 13.7% and 5.9%.
CX Rises Approximately 6% After Noon as 2025 NP Increases by 9.5% and Full-Year DPS Boosted by 21.7%
Stock Performance: Cathay Pacific Air's stock closed up 1.43% at midday, reaching a high of $13.36, and ended the day at $13.22, reflecting a 4.75% increase with significant trading volume.
Annual Results: The airline reported a revenue of $116.766 billion for 2025, a year-on-year increase of 11.9%, and a net profit of $10.828 billion, up 9.5% YoY, with an increased dividend payout.
Dividend Increase: The second interim dividend per share (DPS) was raised to $0.64, a 30.6% increase from the previous year, contributing to a full-year DPS of $0.84, up 21.7% YoY.
Future Growth Plans: Cathay Pacific plans to take delivery of eight new narrow-body aircraft this year, aiming for a 10% increase in passenger capacity, which will also enhance cargo capacity.
CX Full-Year Net Profit Increases by 9.5% to $10.828 Billion; Second Interim Dividend Per Share Boosted by 30.6% to $0.64
Company Overview: Cathay Pacific Air (00293.HK) reported its annual results for the year ending December 2025.
Financial Performance: The airline achieved a revenue of $116.766 billion, reflecting an 11.9% increase year-over-year.
Market Activity: The company experienced short selling amounting to $22.38 million, with a short selling ratio of 10.426%.
Stock Movement: Cathay Pacific's stock price increased by 0.180, representing a rise of 1.426%.
JPM Anticipates CX Gains from Elevated Ticket Prices in the Short Term, Countered by Rising Oil Costs
CATHAY PAC AIR Results Announcement: CATHAY PAC AIR is set to announce its 2025 results today, amidst a backdrop of short selling activity and a significant impact from the Iran conflict on the global aviation industry.
Market Performance and Outlook: Despite a decline in share prices for CATHAY PAC AIR and Singapore Airlines, both airlines are expected to outperform global peers due to strong balance sheets and effective fuel hedging strategies.
JPMorgan's Analysis: JPMorgan maintains an Overweight rating on both CATHAY PAC AIR and Singapore Airlines, citing high ticket prices and freight yields as short-term support, although oil price trends pose challenges.
Target Prices Set: The target prices set by JPMorgan are $18 for CATHAY PAC AIR and SGD8.4 for Singapore Airlines, reflecting their confidence in the airlines' resilience despite market volatility.
CX: Suspension of Pax/Cargo Flights to/from Dubai/Riyadh Extended Until March 31
Flight Cancellations: Cathay Pacific has cancelled all passenger and cargo flights to Dubai and Riyadh until March 31 due to the volatile situation in the Middle East, offering affected travelers options to rebook or cancel their tickets.
Increased Capacity to Europe: In response to rising demand, Cathay Pacific will operate extra flights to London and increase capacity to Zurich in March, while prioritizing the safety of its customers and staff.
Cathay and WKCDA Launch New Aircraft Design 'Spirit of Hong Kong'
Collaboration Announcement: Cathay Pacific and the West Kowloon Cultural District Authority have launched a new art-focused aircraft livery titled "Spirit of Hong Kong - 80th Anniversary Edition," highlighting their commitment to local cultural creativity.
Cultural Exchange Vision: The initiative aims to elevate Hong Kong's arts and culture on a global scale, inviting international travelers to experience the city's rich cultural heritage and creative spirit.
HSI Drops 348 Points, OpenClaw Concepts Under Speculation; MINIMAX Rises 24%
Market Performance: The HSI fell by 1.4% to close at 25,408, with total market turnover reaching $392.33 billion. The HSCEI and HSTECH also experienced declines of 0.5% and 0.12%, respectively.
Oil and Energy Stocks: PETROCHINA and CNOOC saw increases of 2.3% and 3.3%, while KUNLUN ENERGY and SINOPEC CORP dropped by 3.9% and 4.4%. SHANDONG MOLONG surged by 25%, indicating volatility in the energy sector.
Commodities and Transportation Stocks: CHI SILVER GP and ZIJIN MINING fell by 7% and 2.8%, while SD GOLD rose by 3.7%. COSCO SHIP ENGY and Cathay Pacific Air experienced significant declines of 8.5% and 5.1%, respectively.
AI and Cloud Stocks Surge: AI stocks like KNOWLEDGE ATLAS and INSILICO rose by 8.1% and 7.1%, driven by the OpenClaw craze, while cloud service providers KINGSOFT CLOUD and GDS-SW increased by 13.7% and 5.9%.
