【Iran Crisis】 Cathay Pacific stock rebounds 4%; continues to cancel round-trip flights to Dubai and Riyadh until March 31; adds extra flights to and from London

SocialAnxietyStaker · 2026-03-10T08:40:59+00:00

Due to the ongoing tension in the Middle East, Cathay Pacific has canceled flights to Dubai and Riyadh until March 31 and is offering flexible ticketing arrangements with waived fees. The stock price rose 4.2% due to the rebound in oil prices. Cathay Pacific will also increase flights to and from London and Zurich, continuously monitoring safety and market demand.

SocialAnxietyStaker

2026-03-10 08:40:59

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The Middle East situation shows no clear signs of easing. Cathay Pacific (00293) announced that it will continue to cancel and suspend daily flights to Dubai and Riyadh until March 31 (inclusive). Customers can rebook, change destinations, or opt for refunds without incurring related fees.

As oil prices stabilize, Cathay’s stock price rebounded, rising by 4.2% to 12.69 HKD, with a trading volume of 170 million HKD.

Cathay stated that in March, it will add extra flights to London and offer more seats for flights to Zurich to meet the increasing demand for travel to Europe.

Cathay reaffirmed that it will continue to monitor the situation and prioritize the safety of customers and crew members.

Flexible Ticket Arrangements for Middle East Flights

Additionally, Cathay announced that it will offer flexible ticket arrangements for flights to the Middle East, waiving fees for rebooking, changing destinations, and refunds. However, if customers choose to rebook, any fare and tax differences between the original and new itineraries will still need to be paid. Cathay also noted that these arrangements do not apply to tickets that have already been fully or partially refunded.

Round-trip / Transit Flights	Ticket Issue Date	Original Travel Dates	Rebooking Deadline	Travel Completion Date
Flights to Dubai / Riyadh / Doha	On or before March 10	February 28 - April 30	Must rebook by April 30	June 30

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