Is the Thales avionics retrofit a catalyst for Cathay Pacific stock?

We think yes, but in stages. Modern flight decks can improve dispatch reliability and pilot efficiency, which supports premium yields and brand strength. Benefits should ramp as more aircraft complete upgrades. We would track retrofit milestones, on‑time performance, and any commentary on maintenance savings during 2026.

What key levels should traders watch on 0293.HK now?

Key resistance sits near HK$13.09 and the Bollinger upper band at HK$13.24. Support is around HK$12.18 and the 50‑day average near HK$12.30. Momentum is constructive with RSI 54.67 and ADX 28.90. A clean break above HK$13.09 could target mid‑HK$13s.

How does the HK Express fleet upgrade tie into revenue?

A modern cockpit can lift schedule reliability and customer satisfaction, which helps unit revenue. HK Express also launched a HK$288 Priority‑Sale Pass with added services, supporting ancillary income. Combined with stable fares, this mix can improve revenue quality without aggressive discounting.

What should investors monitor into the March earnings?

Watch management’s timeline for aircraft retrofits, Airbus delivery cadence, maintenance cost trends, and ancillary revenue growth. We will also look at dividend commentary, liquidity and debt metrics, and any updates on network capacity plans from Hong Kong International Airport.

Does the Cathay-Thales news change the view on HO.PA?

It supports backlog and services visibility, which is positive. However, HO.PA screens overbought with RSI 81.01 and trades at EV/EBITDA 22.06. We would seek confirmation on contract phasing and watch for cooler momentum before adding exposure.

Global Market Insights

0293.HK Stock Today, February 6: Thales to Retrofit 48 Cathay/HK Express Jets

ByHuzaifa Zahoor February 6, 2026

Cathay Pacific stock is in focus today as Cathay Group selected Thales to refresh cockpits across 48 Cathay Pacific and HK Express aircraft and equip future Airbus fleets. We see this as a multi‑year upgrade that can lift reliability and customer experience. Shares of 0293.HK last traded at HK$12.40, near the 52‑week high of HK$13.09. We break down near‑term stock drivers, technicals, and what this means for Thales HO.PA alongside earnings and capital needs in Hong Kong.