July 22, 2026 05:09 AM GMT Cathay Pacific Airways | Asia Pacific 1H26 Prelims: Beat AlphaSignals Earnings Reaction Strengthens our thesis Modest upside Modest revision higher Impact to our thesis Financial results versus consensus Direction of next 12-month consensus EPS Source: Company data, Morgan Stanley Research Key Takeaways Excluding disposal gain from Air China, its 1H26's NP achieved robust growth on a YoY basis, despite jet fuel price surges, much better than our expectation. Cathay reported 1H26 p ...