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CATHAY PAC AIR Buys 14 More Aircraft; Investments to Top HKD150B Over Next Decade
2026-11-11 16:45:03 CATHAY PAC AIR (00293.HK) announced that it has exercised purchase rights for 11 more Airbus A330-900 aircraft, on top of the 30 it previously ordered in 2024. Additionally, Cathay has exercised purchase rights for three more Airbus A321neo narrowbody aircraft, on top of the 32 Airbus A321neo and A320neo aircraft it previously ordered in 2023. The A330-900 will support the growth of Cathay Pacific’s regional network and provide it with more passenger and cargo capacity, while the A321neo will further build on HK Express’ growth potential with its focus on destinations in the Chinese Mainland and other short-haul routes. Cathay Group Chief Executive Officer Ronald Lam said that new orders bring the airline to over HK$150 billion total investment committed for the 10-year period between 2026 and 2035. These investments will consolidate and elevate Hong Kong’s status as a leading international aviation hub, reflecting the group’s belief in shared success. ~ AASTOCKS Financial News Website: www.aastocks.com | |