Cathay Pacific has concluded a purchase
agreement with aircraft manufacturer Airbus for the delivery of 30
A350-900 aircraft, representing the airline’s biggest-ever
single aircraft purchase.
The new acquisitions are valued at
HK$60.84 billion at list price. Deliveries will begin in 2016 and
are scheduled to stretch over a three year period.
Cathay Pacific Chief Executive Tony Tyler said, "I am delighted that we have now finalised this
milestone deal for Cathay Pacific. The purchase of these new
generation aircraft is an important step in our plan to grow our
fleet to ensure that we stay at the forefront of the industry. The
A350 fits perfectly into our operation. Its passenger capacity,
flight range and operating economics are just right to become the
backbone of our mid-sized long haul wide-bodied fleet."
The all-new A350-900 XWB will replenish and
expand the fleet of Cathay Pacific, serving principally long-haul
destinations in Europe. The aircraft will be powered by two
new-generation Rolls-Royce Trent XWB engines.
Pacific currently operates a fleet of 128 wide-body aircraft and
with the Airbus A350 now has a total of 60 aircraft on firm order.
Last month the airline also expressed its intention to exercise
existing purchase rights for
six more Boeing 777-300ER
ultra-long-haul aircraft, which would take its total order for the
type to 36.
The investment in the new A350 aircraft is in
addition to significant investments Cathay Pacific has already
committed to make between now and 2013 including aircraft already
on firm order, the new cargo terminal at Hong Kong International
Airport and enhanced products in the cabin and on the ground.
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