Cathay Pacific defers Airbus deliveries, in discussions with Boeing

Cathay Pacific and Airbus reached (22-Jul-2020) an agreement to defer the delivery of A350-900, A350-1000 and A321neo aircraft. The airline is also in advanced talks with Boeing on deferring its 777-9 orders. Delivery of the A350s was delayed from 2020-2021 to 2020-2023 and delivery of the A321neos was delayed from 2020-2023 to 2020-2025. The carrier stated the deferral of deliveries is expected to produce cash savings for the group in the short term. [more - original PR]