Cathay Pacific forecasts profit-sharing bonuses exceeding 6.2 weeks of salary, over 10.2 weeks for the entire year, surpassing 2024

Cathay Pacific (293) CEO Ronald Lam issued a letter to employees, forecasting that the profit-sharing plan for 2025 will offer higher compensation than the 6.2 weeks' salary for the fiscal year 2024. Customer Net Promoter Score Hits New High, Boosting Bonus Pool Ronald Lam stated that the company will continue to share results with employees through the "profit-sharing plan." Although the team size has expanded, the amount is still expected to increase slightly compared to 2024, mainly due to strong financial performance and a historic high Net Promoter Score (NPS) of +34.8 from customer surveys, which, according to the mechanism, enlarges the bonus pool for the profit-sharing plan. Discretionary Bonus Distributed Earlier This Year Earlier this year, Cathay Pacific distributed a discretionary bonus equivalent to one month's (i.e., 4 weeks) salary to its Hong Kong employees, the same as in 2024; combined with the profit-sharing plan announced this time, over 10.2 weeks of bonuses will be distributed in 2025. Related News: Cathay Pacific Relaunches "Lettuce Leaf Sandwich" on its 80th Anniversary, Flight Attendants in Nostalgic Uniforms Ronald Lam: Focus on Maintaining Growth Momentum in 2026 Cathay Pacific previously projected that its consolidated financial performance for 2025 will surpass that of 2024. Ronald Lam pointed out that the focus for 2026 will be on maintaining the current growth momentum while laying a solid foundation for long-term development. New Vision to Become Customers' Favorite Service Brand, Prudent Cost Management He also mentioned that a development strategy for the next five years has been formulated, with a new vision to become the customers' favorite service brand, including a continued investment plan exceeding HKD 100 billion to comprehensively enhance customer experience and solidify Hong Kong's position as an international aviation hub. As the pace of growth normalizes, the group will also manage costs more prudently and continue to improve productivity. Related News: Cathay Pacific Group's Passenger Volume Increased by 27% Last Year, with a Record High of 126,000 Passengers in a Single Day Earlier This Year