Cathay Pacific Records HKD 36.51 Billion in Profit for First Half of the Year, Up 1.1%! To Spend USD 81 Million to Purchase 14 Boeing 777-9 Aircrafts, Payment Will Be Made Cash

Cathay Pacific (00293) has announced its interim results for 2025, with a group profit of HKD 543.09 billion, up 9.5% year-on-year; and a shareholder dividend of HKD 36.51 billion, up 1.1% year-on-year; basic earnings per share at HKD 56.7; and interim dividend at HKD 20 per share.

Cathay Pacific (00293) has issued a statement announcing that according to the 2013 agreement, CPAS has acquired the right to purchase additional Boeing 777-9 aircrafts from the manufacturer.

As of the announcement date, CPAS exercised its right under the 2013 agreement to purchase 14 Boeing 777-9 aircrafts; and obtained the right to purchase an additional maximum of 7 Boeing 777-9 aircrafts from the manufacturer.

The basic price of each aircraft includes the airframe price, additional components price, and engine price. The total cost of each aircraft is approximately USD 81 million (equivalent to HKD 632 billion). The manufacturer has given CPAS a significant price discount on the aircraft.

The payment for each aircraft must be made in cash over five installments, with the first four installments paid before the aircraft is delivered, and the remaining amount paid upon delivery. The company expects the aircraft to be delivered by 2034 or earlier.

According to the announcement, the aircraft will drive future growth and gradually replace some of the company's existing long-haul wide-body fleet. These aircrafts will primarily serve long-haul routes while also serving specified regional destinations. The company expects the new aircraft to contribute to its sustainable development commitment through higher fuel efficiency, cost savings, and providing a high level of comfort and safety for passengers.