Cathay orders additional wide-bodies

The very first Boeing 747-8 Freighter under construction at the Boeing plant in Everett, Washington, in August 2009 (Image © Boeing)
The very first Boeing 747-8 Freighter under construction at the Boeing plant in Everett, Washington, in August 2009 (Image © Boeing)

Cathay Pacific Airways ordered a further four wide-body aircraft from Boeing Company on 27 December 2013, as part of its ongoing fleet modernisation programme. Following on from last week’s announcement regarding the purchase of 21 Boeing 777-9X aircraft, the airline confirmed 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 (about a billion US dollar) at list prices. 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 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.

The latest freighter purchase means that Cathay Pacific will operate 14 Boeing 747-8Fs by 2016. Both aircraft types deliver improved payload range capability at competitive operating costs, along with a reduced impact on the environment.

As at the end of the 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.

Source: Cathay Pacific Airways

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