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Cathay Pacific targets recovery and growth: part two – aircraft ordering resumes

Premium Analysis

Although Cathay Pacific's immediate focus is on rebuilding capacity to pre-pandemic levels, it is also looking to fleet growth opportunities presented by expansion at Hong Kong International Airport.

The airport development, which will allow its capacity to increase beyond 2019 levels, is one of the major factors being considered as the airline group plans its next wave of aircraft orders.

The fact Cathay Pacific is already making long term growth plans is an indication of its confidence that it can achieve a full recovery, and then set expansion plans back on track. It is also a positive sign it has moved back into investment mode, after nearly three years of severe financial pressure.

In the shorter term the airline is taking delivery of aircraft from existing orders and is focused on returning its stored aircraft to service.

In part two of this analysis Cathay Pacific Chief Customer and Commercial Officer Lavinia Lau speaks about fleet plans, and the importance of the airport expansion.

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