Subscribe free to our newsletters via your
. Space Industry and Business News .

Cathay Pacific orders 4 more long-haul Boeing planes
by Staff Writers
Hong Kong (AFP) Dec 27, 2013

Hong Kong flag carrier Cathay Pacific ordered four additional long-haul planes from Boeing on Friday, a week after it ordered 21 Boeing 777-9X planes, in a move to modernise its fleet.

The airline said it would purchase an additional three Boeing 777-300ER passenger planes along with a Boeing 747-8 freighter, with a total list price of HK$7.4 billion ($954.25 million).

Cathay did not reveal the amount it is paying to the US manufacturer, but airlines usually negotiate a discount from a plane's catalogue price.

"Both the 777-300ER and the 747-8F offer a highly efficient solution on Cathay Pacific's ultra-long-haul routes," the airline's chief executive John Slosar said in a statement released Friday.

Slosar said the 777-300ER's, which are expected to be delivered in 2015 and the 747-8F, to be delivered in 2016, combine "superb operating economics with a significant reduction in emissions".

Cathay last Friday ordered 21 long-haul Boeing 777-9X planes, the aircraft manufacturer's newest member of the 777 family, at a list price of $7.48 billion.

The yet-to-be launched 777X series includes advanced technology including composite wings and engines that Boeing says consume 20 percent less fuel than today's model.

The airline said the planes, which will seat up to 400 passengers and be delivered between 2021 and 2024, were ideal for long-haul destinations in North America and Europe.

The airline said in August it swung to a lower-than-expected net profit of $3.1 million in the first six months, after losing money in the same period of 2012. Gains in passenger numbers were offset by persistently high fuel prices and falling cargo revenue.

This year, Cathay has increased daily services to popular destinations such as Los Angeles, Chicago and London.

The airline is set to take delivery of 93 aircraft between 2014 and 2024 at a total list price of $28.63 billion.


Related Links
Aerospace News at

Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks DiggDigg RedditReddit GoogleGoogle

Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

Northrop Grumman Expands Support For Japan E-2C Hawkeye Program
Tokyo, Japan (SPX) Dec 24, 2013
Northrop Grumman has entered into an exclusive, five-year agreement with AAR Corporation of Illinois and Sumitomo Corporation of Japan, expanding industrial support for the Japan E-2C Hawkeye program by establishing a "just-in-time" inventory management process. "Japan is our largest international Hawkeye operator," said Bart LaGrone, vice president, E-2/C-2 programs, Northrop Grumman Aero ... read more

Japanese scientists move objects using acoustic levitation

Computers search for 'cheapium' versions of expensive materials

New computer memory can hold data 20 years without power

AVX Announces Market Introduction of First Space-Level BME MLCC

Rocket Rokot brings 3 Russian military-purpose satellites on orbit

Military Communication Improved as 6th Boeing-built Wideband Satellite Enters Service

Radio Gateway Connects US and Allied Troops to a Common Mobile Network

Northrop Grumman Reinvents Satellite Communications for Aircraft

Russian Rocket Puts Telecoms Satellite Into Orbit

The Athena-Fidus satellite is readied for Arianespace first heavy-lift mission of 2014

Boeing, Energia Achieve Mixed Results in Counterclaims

Orbital Launches Completes 40th Consecutive Successful Suborbital Rocket For NASA

Beidou to cover world by 2020 with 30 satellites

Obama bans construction of GLONASS stations in US without Pentagon's approval

China's BeiDou satellite system expected to achieve global coverage by 2020

China to strengthen its own GPS system

Cathay Pacific orders 4 more long-haul Boeing planes

China's Zhejiang Loong Airlines confirms order of 20 A320s

Northrop Grumman Expands Support For Japan E-2C Hawkeye Program

20th Anniversary of First B-2 Spirit Delivery

Exfoliation method paves way for 2D materials to be used in printable photonics and electronics

Theorists Predict New State of Quantum Matter May Have Big Impact on Electronics

Low-power tunneling transistor for high-performance devices at low voltage

Sharpening the focus in quantum photolithography

NASA and JAXA Announce Launch Date for Global Precipitation Satellite

NASA Carbon Sleuth Gets Simulated Taste of Space

Rainfall satellite will aid in environmental, weather science

Van Allen Probes Shed Light on Decades-old Mystery

Morocco begins emptying beached oil tanker

One dead, seven injured by contaminated China parcels

Pollution alarm as Greeks switch to firewood for heat

Virginia Tech research overturns assumption about mercury in the Arctic

The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement