Cathay Pacific on Tuesday announced that its employees will see average salary increases of 3.8 percent next year.

The flagship carrier thanked staff for their contributions to the company and pledged to grasp the growth opportunities provided by the third runway.

"With the upcoming opening of the three-runway system, we are confident that we will move to even greater heights together as we strive to become one of the world’s greatest service brands," the airline said in a statement.

Last month, the airline gave employees a bonus equal to one month's salary.