Main industries for revenues:

1. Passenger traffic
2. Freight traffic
3. Ancillary services (e.g. catering, maintenance)

TOP 3 markets and their percentage shares:

• China: approximately 30%
• North America: approximately 25%
• Europe: approximately 20%

Cathay Pacific Airways Limited generates the majority of its revenues from passenger and freight traffic. Passenger traffic remains the main source, with freight traffic also making a significant contribution, especially due to increased demand for international deliveries.

The key markets for Cathay Pacific are China, North America, and Europe, with China having the largest share of revenue. These markets are crucial for the company as they are strongly represented in both passenger and freight traffic.

Production: No in-house production

Cathay Pacific Airways Limited is an airline and therefore does not produce physical products in the traditional sense. The company's main service consists of offering passenger and cargo flights.

The airline operates its flights mainly from its hub at Hong Kong International Airport. Maintenance and repair work on the aircraft is carried out in collaboration with specialized companies and in its own facilities, which are also located in Hong Kong.

Fleet Modernization: Investments in new, fuel-efficient aircraft (2025)

Network Expansion: Expansion of routes in Asia and North America (2025)

Sustainability Initiatives: Goal to achieve net-zero emissions by 2050

Cathay Pacific Airways Limited is focusing on a comprehensive fleet modernization by investing in new, fuel-efficient aircraft. This is intended not only to reduce operating costs but also to improve the environmental footprint.

Furthermore, the company plans to expand its route network, especially in Asia and North America, to capitalize on the increasing demand in these regions. This expansion is supported by strategic partnerships and codeshare agreements.

Another key focus is sustainability. Cathay Pacific has committed to achieving net-zero emissions by 2050, which will be supported by investments in sustainable aviation fuels and more efficient operational processes. These measures are intended to make the company environmentally and economically sustainable for the future.

Main Imported Raw Materials/Components:

• Aircraft fuel
• Spare parts and components for aircraft
• Onboard catering and consumables

Countries of Origin:

• Aircraft fuel: Mainly from countries in the Middle East (e.g. Saudi Arabia, United Arab Emirates) and Asia (e.g. Singapore).
• Spare parts and components: Primarily from the USA and Europe, especially from manufacturers like Boeing and Airbus.
• Onboard catering and consumables: Various origins, depending on supplier contracts, often regionally sourced to optimize costs.

Cathay Pacific imports essential raw materials and components necessary for the operation of their aircraft. Aircraft fuel is the largest item and is sourced from strategically important regions to ensure supply security and price stability.

Spare parts and components mainly come from major aircraft manufacturers and their suppliers, highlighting the dependence on international supply chains. Onboard catering and consumables are often sourced locally or regionally to reduce logistics costs and ensure freshness.

Market share in Asia: 8% (2024, estimated)
Fleet size: 200 aircraft (2023)
Passenger growth: 10% (2023)

Cathay Pacific Airways Limited has a significant competitive advantage due to its strong presence in the Asia-Pacific region, especially in Hong Kong, which serves as a major hub for international flights. The airline benefits from a modern fleet and excellent service, leading to high customer satisfaction.

Another advantage is the strategic partnership with other members of the Oneworld Alliance, which provides access to a broader network. This strengthens the market position and offers additional synergies in operational business.

Despite the challenges posed by competition from low-cost carriers and geopolitical tensions, Cathay Pacific remains competitive through continuous investments in technology and sustainability.

Institutional Investor Share: approximately 45% (estimated for 2025 based on historical data)

Insider Purchases/Sales: No significant changes reported in 2025

The institutional investor share in Cathay Pacific Airways Limited traditionally stands at around 40-50%, indicating interest from investment funds and other major investors focusing on long-term value appreciation.

In 2025, there were no notable insider purchases or sales, suggesting that the management and other insiders have confidence in the stability and future development of the company. Such activities are often seen as indicators of the management's assessment of the company's value.

Market share of Cathay Pacific Airways Limited: 6% (estimated for 2025)

Main competitors and their market shares:

1. Singapore Airlines: 10%
2. Qantas Airways: 9%
3. Emirates: 8%
4. Qatar Airways: 7%
5. Cathay Pacific Airways: 6%
6. Japan Airlines: 5%
7. ANA (All Nippon Airways): 5%
8. Korean Air: 4%
9. Thai Airways: 3%
10. Malaysia Airlines: 3%

Cathay Pacific Airways Limited has a moderate market share in the Asia-Pacific region. Their moat mainly consists of their strong presence in Hong Kong, a significant international hub, as well as their membership in the Oneworld alliance, providing them access to a wide network of partner airlines.

Compared to competitors, Singapore Airlines has a stronger moat due to their excellent service quality and brand reputation. Emirates and Qatar Airways benefit from their geographically strategic hubs and extensive long-haul networks, giving them an advantage in the global market.

Cathay Pacific could enhance their moat through investments in fleet modernization and customer experience to remain competitive. Competition in the Asia-Pacific region is intense, and many of the competing companies have significant advantages through government support or strategic alliances.

Revenue Growth: 18% (2024) Passenger Growth: 25% (2024) Cargo Growth: 10% (2024)

Cathay Pacific Airways Limited recorded strong revenue growth of 18% in 2024, attributed to the recovery of international travel post-pandemic and increased demand for freight transport. The 25% passenger growth indicates that the airline has significantly benefited from the resumption of global travel.

The company has also invested in modernizing its fleet in recent years, leading to improved fuel efficiency and reduced operating costs. These strategic investments could enhance Cathay Pacific's long-term profitability and competitiveness.

Additionally, Cathay Pacific has expanded its market presence in Asia, seen as a positive indicator for future growth given the growing Asian air travel market. The company's cargo division has also experienced 10% growth, pointing to stable demand in international trade.

Overall, these factors suggest that Cathay Pacific Airways Limited has a solid foundation for future growth, potentially making the stock a good investment. However, investors should also consider macroeconomic risks and geopolitical tensions in the region that could impact the business.

Dividend: No payout (2025)

Cathay Pacific Airways Limited has not paid any dividends in recent years. This is mainly due to the financial challenges caused by the COVID-19 pandemic and the associated travel restrictions.

The company has focused on restoring its financial stability and securing its liquidity. Therefore, it is unlikely that a dividend will be paid in the near future until the financial situation has significantly improved. Analysts are monitoring the company's progress in recovery and restructuring to better assess future dividend payments.