Do you want to access to this and other private contents?
Log in if you are a subscriber or click here to request service

Cathay Pacific's 2005 profits in decline

Hong Kong, China - Passenger traffic's growth does not offset costs

Hong Kong-based Cathay Pacific Airways declared yesterday that its net profit in 2005 fell 25.3% from a year earlier because of surging jet fuel prices. 2005 net profit totalled USD 425m (EUR 357m), while revenue rose to USD 6.56bn (EUR 5.51bn) thanks to strong growth in passenger traffic (+14%). Despite this growth, Cathay Pacific’s earnings didn’t have a good performance, as fuel costs, which ros...

AVIONEWS - World Aeronautical Press Agency - 137226
Rome, Italy, 03/09/2006 12:24
AVIONEWS - World Aeronautical Press Agency

Similar

AirlinesEmirates Group (4): sustainability for airline and dnata

Investments and initiatives, SAF, electric and hybrid vehicles

SustainabilityDuring 2024-25, the Group continued to invest and implement initiatives that help reduce its impact on the planet, increase engagement with communities, and develop and reward its people. Emirates... more

AirlinesEmirates Group (3): dnata performance

On the cargo front, it made significant investments

dnata performanceIt increased its profit before tax by 2% to AED 1.6 billion (US$ 430 million) in 2024-25, with all business divisions reporting a solid performance, and notable contributions from its... more

AirlinesEmirates Group (2): performance of the carrier and Skycargo airline

Destinations, aircraft delivery, transported passengers, investments

Emirates performanceIts total passenger and cargo capacity grew 4% to 60.0 billion ATKMs in 2024-25, recovering to near pre-pandemic levels.During the year it launched two new destinations - Bogotá and... more