Monday 18 June
Powered by Ajaxy
Sep 14, 2017 @ 11:04

Airbus wins $4B order from Cathay Pacific

 

By: Agence France-Presse

Airbus said Wednesday it has finalised a more than $4 billion order with Cathay Pacific for 32 of its A321neo aircraft to revamp the Hong Kong-based carrier’s regional affiliate.

The single-aisle medium-haul jets will be operated by Cathay Dragon which flies from Hong Kong to a number of Asian destinations, Airbus said in a statement.

A preliminary agreement had been signed in August.

The A321neo planes “will replace and modernize Cathay Dragon’s current in-service fleet of 15 A320s and eight A321s, with the additional aircraft allowing the airline to capture growth opportunities in the region,” Airbus said.

Cathay Dragon currently covers 56 Asian destinations, including 28 in mainland China.

The A321neo can seat up to 240 passengers and uses more fuel-efficient engines to reduce fuel consumption by up to 20 percent per seat, Airbus said.

It competes with rival Boeing’s 737 MAX 10. (AFP)

Tags: , , , , , ,

Related Stories
Shares in Chinese telecoms equipment maker ZTE collapsed more than 40 percent Wednesday as trading
As housing prices spiral in Hong Kong, young professionals are living in ever-shrinking spaces, with
Smartphone maker Xiaomi on Monday became the first Chinese company to announce plans to issue
A rare porcelain moon flask that belonged to the 18th century Chinese Emperor Qianlong has


 

Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.