Cathay Pacific Shares Up 3% on Passenger Surge

Cathay Pacific Shares Rise 3% on Passenger Growth and Fuel Surcharge Cut

On 24 June 2026, Cathay Pacific Airways (SEHK:0293) saw its shares climb 3% on Wednesday, marking the largest single‑day percentage gain for the stock since 29 May. The airline disclosed that passenger traffic in May 2026 was 17% higher than in the same month of 2025, while cargo volumes grew 11% year‑over‑year during the same period.

Chief Customer and Commercial Officer Lavinia Lau commented that the outlook for the summer travel peak remains positive, particularly on long‑haul routes, and noted that bookings for short‑haul destinations are accelerating.

In line with its effort to stimulate demand, Cathay Pacific announced a reduction in its fuel surcharge on most passenger flights, effective from 1 July, as indicated on the carrier’s website on Tuesday.

The share price movement and operational updates were reported by Reuters and published on Investing.com at 12:14 pm on the same day.