Cathay posts 9.5% rise in profit to HK$10.82 billion but warns of geopolitical risks

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Cathay Pacific Airways reported a 9.5% increase in net profit to HK$10.82 billion (US$1.39 billion) for 2025, marking its third consecutive year of growth due to increased capacity and strong cargo demand. Chairman Patrick Healy warned of potential disruptions from global geopolitical tensions, particularly the conflict in the Middle East, which has already led to flight cancellations to Dubai and Riyadh in March. Rising crude oil prices prompted Hong Kong Airlines to increase fuel surcharges, while Cathay Pacific and HK Express have yet to announce similar measures. Healy acknowledged the volatile global environment's impact on traffic flows, jet fuel prices, supply chain disruptions, and cost inflation, but expressed confidence in Cathay's resilience and adaptability to navigate these challenges.
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