Cathay Pacific Airways Ltd 2022 AR2
The report highlights Cathay Pacific's recovery efforts in 2022 as travel restrictions in Hong Kong were progressively lifted. Despite an attributable loss of HK$6,548 million, the Group saw a marked improvement in the second half of the year, returning to being operating cash generative. Key sustainability milestones included the launch of the Corporate Sustainable Aviation Fuel (SAF) Programme, the first of its kind in Asia, and securing its first sustainability-linked aircraft financing. Additionally, the Group reduced its single-use plastic footprint by 56% compared to the 2018 baseline, exceeding its target.
Company: Cathay Pacific Airways Ltd
Sector: Transport & logistics
Country: Hong Kong
Year: 2022
Type: AR2
Pages: 148
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Cathay Pacific Airways Ltd
Annual Report
The report highlights Cathay Pacific's recovery efforts in 2022 as travel restrictions in Hong Kong were progressively lifted. Despite an attributable loss of HK$6,548 million, the Group saw a marked improvement in the second half of the year, returning to being operating cash generative. Key sustainability milestones included the launch of the Corporate Sustainable Aviation Fuel (SAF) Programme, the first of its kind in Asia, and securing its first sustainability-linked aircraft financing. Additionally, the Group reduced its single-use plastic footprint by 56% compared to the 2018 baseline, exceeding its target.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Net Zero Target
Employees