Business Segments Cathay Pacific Airways Limited

Stocks

293 HK0293001514

Airlines

Market Closed - Hong Kong S.E. Other stock markets 09:08:21 12/06/2026 BST			5-day change	1st Jan Change
11.86 ^HKD	+1.89%		-8.49%	-4.59%

06-10	Airlines resume some Middle East flights but disruption continues	RE
06-10	Swire Pacific Unit to Raise HK$4.70 Billion via Debt Offering	MT

Sales 2025 by Business Segment

Sales 2025 by Geography

Historical Breakdown of Revenue by Business Segments

Operating Income: Breakdown by Business Segment

Breakdown by Business Segment (HKD)

Fiscal Period: December	2021	2022	2023	2024	2025
Commercial Airlines
Cathay Pacific	42.18B	46.38B	85.34B	94.74B	107B
Interest Expense	-1.97B	-1.99B	-1.55B	-1.95B	-
Income Tax Expense	-184M	1.02B	827M	1.17B	-
CAPEX	-2.16B	-6.96B	-8.89B	-10.04B	-11.01B
EBT	-1.91B	2.48B	12.17B	10.96B	-
D&A	11.22B	10.76B	10.93B	10.72B	10.18B
Operating Income	1.22B	4.47B	13.71B	12.92B	13.78B
Net Income	-1.73B	1.46B	11.34B	9.8B	-
HK Express	20M	692M	5.6B	6.32B	6.78B
Interest Expense	-328M	-389M	-360M	-250M	-
Income Tax Expense	-197M	-271M	57M	-54M	-
CAPEX	-56M	-64M	-121M	-207M	-356M
EBT	-2.18B	-1.63B	490M	-454M	-
D&A	869M	744M	745M	700M	742M
Operating Income	-1.81B	-1.24B	850M	-204M	-996M
Net Income	-1.98B	-1.36B	433M	-400M	-
Cathay Pacific and Cathay Dragon	-	-	-	-	-
Interest Expense	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
CAPEX	-	-	-	-	-
EBT	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	-	-	-	-	-
Net Income	-	-	-	-	-
Airline Business	-	-	-	-	-
Interest Expense	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
CAPEX	-	-	-	-	-
EBT	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	-	-	-	-	-
Net Income	-	-	-	-	-
Airports and Airport Terminal Services
Airline Services	2.35B	2.45B	3.86B	5.1B	5.96B
Interest Expense	-328M	-531M	-835M	-861M	-
Income Tax Expense	-24M	-13M	2M	3M	-
CAPEX	-58M	-60M	-57M	-165M	-197M
EBT	-882M	-1.14B	-1.2B	-603M	-
D&A	693M	685M	642M	633M	649M
Operating Income	-554M	-613M	-363M	258M	334M
Net Income	-859M	-1.13B	-1.2B	-606M	-
Charter Freight Air Transportation
Air Hong Kong	3.16B	3.55B	3.45B	3.39B	3.24B
Interest Expense	-1M	2M	8M	7M	-
Income Tax Expense	149M	153M	154M	157M	-
CAPEX	-	-2M	-	-1M	-6M
EBT	897M	929M	932M	964M	-
D&A	5M	5M	6M	5M	2M
Operating Income	898M	927M	924M	957M	954M
Net Income	748M	776M	778M	807M	-
Inter-Segment Sales	-2.13B	-2.03B	-3.77B	-5.17B	-6.2B
EBT	-	-	-	-	-
Net Income	-	-	-	-	-
Income Tax Expense	-275M	-384M	28M	43M	-
EBT	-1.98B	-6.68B	-1.53B	331M	-
Net Income	-1.71B	-6.29B	-1.56B	288M	-

Geographical Revenue Distribution History

Geographical breakdown of sales (HKD)

Fiscal Period: December	2021	2022	2023	2024	2025
Chinese Mainland, Hong Kong and Taiwan	-	34.46B	57.44B	61.44B	65.85B
Americas	3.17B	4.48B	12.46B	14.62B	16.01B
Southeast Asia and Oceania	-	-	-	-	14.65B
Europe	1.4B	2.84B	8.25B	8.25B	10.62B
Japan and Korea	-	2.54B	3.84B	4.25B	4.91B
South Asia, Middle East and Africa	1.49B	1.38B	2.44B	3.58B	4.73B
Southwest Pacific	812M	1.22B	4.31B	5.42B	-
Southeast Asia	4.48B	4.14B	5.76B	6.82B	-
India, Middle East and Sri Lanka	-	-	-	-	-
Southwest Pacific and South Africa	-	-	-	-	-
Japan, Korea and Taiwan	3.51B	-	-	-	-
Hong Kong and The Chinese Mainland	30.72B	-	-	-	-