Aviation News

March 10, 2011

Cathay Pacific Orders 10 More 777-300ERs from Boeing

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By: Matt Molnar
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Cathay Pacific Airways and Boeing announced on Wednesday that the Hong Kong-based carrier had ordered 10 more 777-300ER jets valued at $2.8 billion based on list prices.

Cathay Pacific 777-300ER Asia's World City

Cathay first ordered the type in 2005, and since then has added more -300ERs five times, bringing their total planned fleet to 46, including four leased aircraft. The airline mainly uses them for long-haul flights between Hong Kong and North America and Europe.

“The Asia Pacific region is the world’s fastest growing aviation market and Cathay Pacific is well positioned in Hong Kong to take advantage of this blooming market to grow our business,” said Cathay Pacific CEO Tony Tyler. “Our newest 777 order highlights our continued commitment to developing Hong Kong’s role as one of the world’s leading international aviation hubs. As we continue to expand our fleet, the 777-300ER will play a crucial role in our operations in the years to come.”