Cathay Cargo has contributed to a strong first-half financial performance for the Cathay Group, with sustained cargo demand helping drive the Group to an attributable profit of HK$6.2 billion in the first six months of 2026, up from HK$3.7 billion in the same period last year.
Commenting on the results, Cathay Group Chair Guy Bradley said the Group benefited from ongoing underlying demand for both Cathay Pacific and Cathay Cargo, alongside improved performance from HK Express and stronger contributions from associates. As a result, the Group carried more cargo and operated more flights during the first half of 2026 than in the corresponding period of 2025.
Despite a more challenging second quarter caused by instability in the Middle East and a sharp increase in jet fuel prices that nearly doubled fuel costs compared with the first quarter, Cathay Cargo maintained resilient operations and continued to support the Group's overall performance.
Looking ahead, Cathay Cargo is continuing to invest in fleet expansion to strengthen its airfreight capabilities and support long-term growth. The carrier has increased its order for eight Airbus A350F freighters, reinforcing its commitment to fleet modernisation and future capacity growth.
In addition, Air Hong Kong has signed a lease agreement for an Airbus A330 Passenger-to-Freighter (A330P2F) converted aircraft, which will primarily operate freighter services for Cathay Cargo, further enhancing the airline's cargo network and operational flexibility.
