Cathay Group has reported an attributable profit of HKD3.7 billion for the first half of 2025 and simultaneously announced it has exercised purchase rights for 14 additional B777-9 aircraft. The move brings the airline’s total commitment for the new widebody to 35 units.
In its interim results announcement on August 6, the group stated its first-half profit was on a similar level to the same period in 2024. The result was attributed to increased passenger capacity and volumes, a resilient cargo business, and a lower fuel price, which offset lower passenger yields. The group has declared a first interim dividend of HKD0.20 per ordinary share, amounting to a total payout of HKD1.3 billion.
The order for 14 additional B777-9s makes Cathay Pacific the largest operator of the type in the Asia Pacific region, according to a statement from Boeing. The first of the new-generation widebodies is expected to arrive in 2027, where it will feature a new First Class product.
“We plan to expand and renew our fleet with the additional 777-9 aircraft, enabling us to continue our rich history of connecting the world with our Hong Kong hub,” said Ronald Lam, Cathay Group Chief Executive Officer. “Cathay Pacific aims to further strengthen our ongoing partnership with Boeing and leverage the world-class features of the new 777-9 as we strive to become the world’s best premium airline.”
The latest aircraft order is part of a wider fleet renewal and investment strategy valued at over HKD100 billion. The plan includes orders for more than 100 new narrowbody, regional widebody, long-haul widebody, and large freighter aircraft.
Cathay Group Chair Patrick Healy stated: “This new order brings our total investment to well over HK$100 billion, which also includes new cabin products, lounges and digital innovation, further strengthening the Hong Kong international aviation hub and elevating the customer experience to new heights.”
The group also plans significant cabin product upgrades. In 2026, it will begin introducing brand new cabins and a flat-bed Business class product on its existing Airbus A330 fleet. Refinements to the current regional Business class on select A330-300 and B777-300 aircraft are expected to be completed this year.
Operationally, Cathay Pacific and its low-cost unit, HK Express, have launched or announced 19 new destinations so far in 2025, expanding their combined network to over 100 passenger destinations globally.
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