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You are here: Home / Uncategorized / CX: Cathay flashes the cash – orders A350’s and 777’s….

CX: Cathay flashes the cash – orders A350’s and 777’s….

04/08/2010 by Kevincm

Well there seems to be some money floating around – this time in Asia with Cathay Pacific in the mood to buy.

Cathay has signed a letter of intent to purchase 30 A350-900 aircraft from Airbus, whilst at the same time to exercise existing purchase rights for six Boeing 777-300ERs.

Cathay expects the A350s to be delivered between 2016 and 2019, which Cathay say will form its backbone of the mid-sized wide-body fleet, with plans to operate these aircraft across its network, focusing on routes to Europe and North America.

Meanwhile, the 777-300ER’s will be on top of the 30 existing, taking it to 36 aircraft. 18 of which have been received, and the rest to be deployed by 2013.

Yep. It’s defiantly the time to buy it seems…

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