Cathay Pacific Airways Limited provided group earnings guidance for the year 2022 and operating guidance for the year 2023. Based on a preliminary review of the unaudited consolidated management accounts of the Cathay Pacific Group for the year ended 31 December 2022 and the information currently available to the Board of Directors of Cathay Pacific, the Group is expected to record a consolidated loss attributable to shareholders of approximately HKD 6.4 billion - HKD 7.0 billion. This compares to the attributable loss to shareholders of HKD 5.5 billion for the year ended 31 December 2021. The second-half 2022 results for the Group's airlines and subsidiaries were a marked improvement over the first-half 2022 results, although still a small loss overall for the full year of 2022.

For the year 2023, the company anticipates it will be operating about 70% of pre-pandemic passenger flight capacity by the end of 2023 with the aim of returning to pre-pandemic levels by the end of 2024. The company's aim to operate more than 100 return flights per week to and from 14 cities in the Chinese Mainland by the end of February 2023.