Named World’s Best Airline for a fourth time
HK$3,150 million Attributable profit
39.2% Proportion of fuel cost in relation to our total operating cost
31.6 million Number of passengers carried by Cathay Pacific and Dragonair
Dow Jones Sustainability Index (DJSI) Inclusion in the world-leading and most recognised sustainability index for the second time running.
Cathay Pacific is one of a handful of companies in Hong Kong who is on the DJSI, FTSE4Good, and the Hang Seng Sustainability Index at the same time.
Refreshed logo Introduced for Cathay Pacific as part of a new approach to design.
New cabin products Installation of new Business and Economy Class seats in all Dragonair Airbus A330-300 and six A321-200 aircraft.
New first class seats had been installed in six Dragonair Airbus A330-300 aircraft.
New lounge at Haneda in Tokyo featuring the airline’s new approach to design.
16 New aircraft delivered, including five Airbus A330-300, nine Boeing 777-300ER and (for Dragonair) two Airbus A321-200 aircraft. Six Boeing 747-400 passenger aircraft were retired. One Boeing 747-400 freighter was sold back to The Boeing Company.

 

  • Three Airbus A330-300 aircraft
  • 22 Airbus A350-900 aircraft
  • 26 Airbus A350-1000 aircraft
  • One Boeing 747-8F freighter aircraft
  • Six Boeing 777-300ER aircraft
  • 21 Boeing 777-9X aircraft
New destinations – Doha, Newark and Manchester for CX and Penang and Denpasar for KA. Increased frequencies to Los Angeles, Phuket, Siem Reap, Yangon, and non-stop to Colombo.

 

Economic Value Added

For the year ended 31st December 2014

2014
HK$M
2013
HK$M
%
change
Directed economic value generated
Turnover
105,991
100,484
5.5%
Finance income
302
351
-14.0%
Surplus on sales of invesments
 
Gain on deemed disposal of an associate
 
Share of profits of associated companies
772
838
-7.9%
 
107,065
101,673
5.3%
Economic value distributed
Purchases of goods and services
76,389
73,344
4.2%
Employee wages and benefits
18,101
17,027
6.3%
Payments to providers of capital
2,153
1,890
13.9%
Payments to government
599
675
-11.3%
Community investments including charitable donation
– Direct payment
12
13
-7.7%
– In the form of discounts on airline travel
8
4
100%
 
97,262
92,953
4.6%
Economic value retained
– Depreciation
8,016
7,270
10.3%
– Profit after dividends
2,757
2,384
15.6%
Retained for re-investment and future growth
10,773
9,654
11.6%
Note:

The above table summarises the distribution of the economic value generated from the Group which includes Cathay Pacific and all its subsidiary companies including Dragonair and Air Hong Kong. Share of profits of associated companies include our share of losses / profits of Air China. Please refer to our 2014 Annual Report for details of our principal subsidiaries and associates.

Cathay Pacific Group Fleet profile as of 31 December 2014

Company Manufacturer Aircraft Type No. of Operating A/c in Subfleet Avg. Age of Operating Subfleet (Yrs) Passenger Frieghter
CX Fleet
Boeing
777-200
5
17.6
 
 
Boeing
777-300
12
13.6
 
 
Boeing
777-300ER
47
3.3
 
 
Boeing
747-400
7
22.8
 
 
Boeing
747-400F
5
13.1
 
 
Boeing
747-400BCF
1
18.3
 
 
Boeing
747-400ERF
6
6.0
 
 
Boeing
747-8F
13
2.2
 
 
Airbus
A330-300
40
7.2
 
 
Airbus
A340-300
11
17.5
 
 
 
 
147
8.1
 
 
KA Fleet
Airbus
A320-200
15
9.6
 
 
Airbus
A321-200
8
12.2
 
 
Airbus
A330-300
18
15.6
 
 
 
 
41
12.7
 
 
AHK Fleet
Airbus
A300-600F
9
11.3
 
 
Boeing
747-400BCF
3
23.8
 
 
 
 
12
14.4
 
 
Overall 200
Note:

Overall average fleet age is 9.5 years.