Cathay Pacific to buy Airbus A321neo jets in $4.1b order

Dhaka,  Tue,  26 September 2017
Published : 22 Aug 2017, 21:31:01
printer
Aviation

Cathay Pacific to buy Airbus A321neo jets in $4.1b order

Cathay Pacific to buy Airbus A321neo jets in $4.1b order
HONG KONG, Aug 22 (Gulf News): Cathay Pacific Airways Ltd agreed to purchase 32 Airbus SE single-aisle jets in an order worth $4.1 billion (Dh15.06 billion) as it seeks to upgrade and expand the fleet of its affiliate Cathay Dragon.

The Hong Kong carrier entered into a non-binding preliminary agreement to buy the A321-200neo aircraft, it said in a statement to the city's stock exchange Monday. The jets, scheduled to be delivered between 2020 and 2023, carry a list price of $127 million each, excluding discounts that are customary for huge orders.

The airline, which last week reported its worst half-year loss in at least two decades, is in the midst of a corporate revamp that includes job cuts and measures to improve services. The new aircraft will replace Cathay Dragon's 15 A320s and eight A321s, the airline said in a statement separately. Besides the 23 single-aisle jets, it also operates 24 wide-body A330s, serving 56 destinations in Asia.
ADDRESS
Editor : A.H.M Moazzem Hossain
Published by the Editor for International Publications Limited from Tropicana Tower (4th floor), 45, Topkhana Road, GPO Box : 2526 Dhaka- 1000 and printed by him from City Publishing House Ltd., 1 RK Mission Road, Dhaka-1000.
Telephone : PABX : 9553550 (Hunting), 9513814, 7172017 and 7172012 Fax : 880-2-9567049
Email : editor@thefinancialexpress-bd.com, fexpress68@gmail.com
Copyright © 2017. All rights reserved
Powered by : orangebdlogo
close