Another Cathay Pacific aircraft orderBack to Forum
While not of direct interest to business travellers yesterday’s report that Cathay had ordered 6 possibly more A350 freighters (possibly partly as fleet renewal) is some indication of the airlines health and ambition.
While the order has yet to be publicly confirmed by the airline it is now being widely reported. Cathay Pacific is one of the world’s leading air freight carriers and this order is significant in the competition between Airbus and Boeing for freighter aircraft business and a great shot in the arm for Airbusses ambitions for the A350F model against the direct Boeing competitors.28 Nov 2023
Crikey – you’re be telling us what Ronald Lam had for breakfast next.
Rather hear about expansion of airlines like Arajet (which aims longterm to compete with Copa on S to N America and vv) than a freighter order for CX.28 Nov 2023
Cathay Cargo confirmed today its selection of the next-generation Airbus A350F freighter to meet its future fleet requirements. Cathay has placed an initial firm order with Airbus for six aircraft and has secured the right to acquire 20 more aircraft.8 Dec 2023
From Bloomberg with some more detail _
“(Bloomberg) — Airbus SE edged out Boeing Co. in a closely-fought sales campaign to sell freighter aircraft to Cathay Pacific Airways Ltd.
The Hong Kong carrier will buy six A350 freighters and secured the rights to a further 20 of the cargo jets, it said in a statement Friday. Deliveries will start from 2027 and should be completed by the end of 2029.
In a boost to the European planemaker, Cathay, one of the world’s biggest freighter airlines by capacity, opted for the new generation composite plane marking its largest cargo aircraft order in 16 years.
The purchase is worth around $2.7 billion, before customary significant discounts are applied, Cathay said.
“As we move into 2024, our rebuild journey is gaining momentum,” Cathay Chief Executive Officer Ronald Lam said in the statement. “This order marks another major component in our investment for the future.”
Cathay’s preferred pick of Airbus to supply the new freighters comes despite operating an all-Boeing fleet of 20 747 freighters for its core cargo unit.”8 Dec 2023