Cathay Dragon has signed a memorandum of
understanding, preparatory to executing formal legal
documentation, for the acquisition of 32 Airbus A321neo aircraft.
The MOU, signed on Monday between the Cathay
Pacific Group and Airbus in Toulouse, France, is valued at
approximately HK$31.7 billion at current list prices.
The new aircraft, which are scheduled to be
delivered between 2020 and 2023, are intended to replace Cathay
Dragonís existing single-aisle fleet of 23 aircraft, comprising 15
Airbus A320s and eight Airbus A321s.
The airline, which also
operates 24 wide-body Airbus A330s, currently serves 56 destinations in
Asia, including 28 cities in mainland China.
Chief Executive Officer and Cathay Dragon Chairman, Rupert Hogg,
said, ďThe intention to purchase
these 32 environmentally-friendly aircraft will allow us to add
new destinations to Cathay Dragonís network. We also intend to
increase frequencies on some of our most popular routes in order
to provide our customers with more travel choices and convenience.
Having focused on modernising and expanding Cathay Pacificís
long-haul fleet in recent times, this is an exciting new chapter
for Cathay Dragon following last yearís rebranding to enhance a
seamless travel experience for our customers.Ē
Airbusí design specifications, the A321neo has a seating capacity
of up to 240 passengers and has an extended range of up to 6,850
km. When delivered, the aircraft will feature Cathay Dragonís
latest cabins, seats and inflight entertainment options.
According to Airbus, the aircraft also shows impressive figures in
terms of noise reduction, up to 50% less than that of the
current A321 aircraft.
John Leahy, Airbus Chief Operating
Officer, Customers, said, ďAirbus is proud to have been selected
to supply Cathay Dragonís future single-aisle fleet. This is
another major endorsement of the A321neo as the aircraft of choice
for airlines in the middle-of-the-market segment. The
A321neo offers the lowest possible operating costs, longest range
capability and most spacious cabin in its class. It will be the
perfect aircraft for Cathay Dragon as it builds on its success as
one of Asiaís leading regional carriers.Ē