Company Profile For Cathay Pacific Airways Limited

Cathay Pacific Airways Limited (Cathay Pacific) is a Hong Kong-based international airline. As well as operating scheduled airline services, the Company and its subsidiaries are engaged in other related areas, including airline catering, aircraft handling and aircraft engineering. The airline operations are principally to and from Hong Kong. The Company offers scheduled passenger and cargo services to 116 destinations in 35 countries and territories. In addition to the fleet of 123 wide-bodied aircraft, the Company’s investments include catering, aircraft maintenance, ground handling companies and the corporate. The Company operates in two segments: the airline business segment, which includes its passenger and cargo operations and the non-airline business segment, which includes mainly catering, ground and aircraft ramp handling services. Hong Kong Dragon Airlines Limited (Dragonair) is a wholly owned subsidiary of the Company.

BRIEF: For the six months ended 30 June 2009, Cathay Pacific Airways Limited's revenues decreased 27% to HK$30.92B. Net income totaled HK$812M vs. a loss of HK$760M. Revenues reflect decreased income from airline business and non airline business segment. Net income was benefited by decreased staff cost, lower inflight service & passenger expenses, decreased fuel cost, lower finance charges and decreased commissions expenses.

Cathay Pacific Airways Limited
35th Floor Two Pacific Place
88 Queensway
   

26800