Cathay Pacific orders four more air-crafts

Cathay Pacific Airways has ordered a further four air-crafts from the Boeing Company as part of its ongoing fleet modernization programme.

The latest purchase order follows on from last week’s announcement regarding the purchase of 21 Boeing 777-9X aircraft.

The airline also announced that it will also purchase another three Boeing 777-300ER airplanes along with one more Boeing 747-8 freighter.

“The list price of these additional purchases is HK$7.4 billion at list prices”, announced the Airline in a statement issued.

The airline expects to take delivery of the three Boeing 777-300ERs in 2015 and the Boeing 747-8 freighter in 2016.

“Both aircraft types are already extensively employed by Cathay Pacific on its long-haul passenger and freighter routes”, the statement further said.

The airline currently operates 38 Boeing 777-300ERs and with this latest purchase will have 15 more of the type on order for delivery between 2014 and 2015.

“We are very pleased to confirm this latest aircraft purchase from The Boeing Company. Both the 777-300ER and the 747-8F offer a highly efficient solution on Cathay Pacific’s ultra-long-haul routes, combining superb operating economics with a significant reduction in emissions”, added Cathay Pacific Chief Executive John Slosar

As at end December, the Cathay Pacific fleet consists of 140 wide-body aircraft.

Following the latest purchase announcement, the airline is set to take delivery of a total of 93 aircraft from 2014 to 2024, at an aggregate list price of approximately HK$222 billion.

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