Summary by Moomoo AI
Cathay Pacific Airways Limited ("Cathay Pacific Air") announced its interim report for 2024, showing the operational performance of the company and its subsidiaries over the past six months. The report indicates that Cathay Pacific Air's passenger and cargo revenue both increased, with passenger revenue up by 19.7% and cargo revenue by 1.4%. Additionally, the total operating expenses of the company during the period also increased, mainly due to operating more flights. Cathay Pacific Air recorded a profit after tax of HK$3.981 billion in the first half of 2024, compared to HK$4.268 billion in the same period last year. The company announced a mid-term dividend of HK$0.20 per ordinary share. Following the reporting period, Cathay Pacific Air announced the purchase of thirty Airbus A330-900 aircraft to expand its fleet.
