That's according to a senior executive Wednesday (December 1).
The airline said its liquidity of $4.07 billion at the end of October was only slightly down on June numbers, largely thanks to a strong performance in its air cargo business.
Cathay Chief Customer and Commercial Officer Ronald Lam said of the Omicron variant however, quote, "It is too early to assess the impact on travel demand."
Cathay last month said it expected its second-half results to improve considerably from the first half, though it still forecast a substantial loss for the full year.
The Hong Kong-based airline continues to suffer from travel restrictions, operating at just 10% of pre-health crisis passenger capacity in October and posting a 97.2% decline in passenger numbers from 2019.
Cathay last week switched some inbound passenger flights for December to cargo only after not enough pilots volunteered to fly rosters to high-risk destinations that involve five weeks locked in hotel rooms.
Lam also said it was too early to provide a capacity outlook for the first quarter of 2022.
