Cathay Pacific Predicts Return to 'Normal' Flight Supply and Prices, Benefit for Hongkong Flyers

Friday, 22 March 2024, 11:24

Cathay Pacific, Hong Kong's flag carrier, anticipates a positive outlook for the local economy, projecting lower air fares for passengers in the upcoming year. Amidst pressure from lawmakers, the airline's optimistic forecast of 'normal' flight supply and prices follows its significant net profit of HK$9.78 billion for the past year.
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Cathay Pacific Predicts Return to 'Normal' Flight Supply and Prices, Benefit for Hongkong Flyers

Cathay Pacific Forecasts Lower Air Fares

Hongkongers can expect a positive shift in air travel expenses this year, with Cathay Pacific, the city's flag carrier, projecting lower fares to benefit passengers.

Amid Pressure from Lawmakers

  • Cathay Pacific's upbeat forecast comes after facing pressure from lawmakers seeking more affordable travel options for residents.

Optimistic Outlook Post Strong Profit

  1. The airline's forecast follows a significant net profit of HK$9.78 billion, reinforcing its expectation for more affordable air fares in the future.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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