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Cathay Pacific bets on cargo and intermediate twins

9-Nov-2007

Cathay Pacific has placed a USD5.2 billion order (at list prices)

for 17 more aircraft from Boeing as part of an aggressive fleet growth strategy

aimed at defending and developing its Hong Kong hub. Ten B787-8 freighters will

be added by 2012, in addition to eight other freighters already on order, providing

a one third increase in cargo capacity (after the retirement of older, less

fuel-efficient B747-200Fs from its fleet). The airline has taken options on

14 more B747-8Fs. [399 words]

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