Cathay Pacific, a big airline in Asia, made a little more money last year! They carried more passengers and shipped lots of cargo. But, the price of airplane tickets went down because other airlines are adding more flights.
- More people flew Cathay Pacific.
- Cargo (stuff shipped by plane) was popular.
- Ticket prices dropped because of competition.
- Cathay Pacific is still figuring out its future because of uncertain global trade.
Fact | Number |
---|---|
Cathay Pacific's profit | $1.27 billion |
Ticket price drop (full-service) | 12% |
Ticket price drop (low-cost) | 23% |
Increase in passenger capacity | 30% |