Business

December 28, 2013

Boeing, Cathay Pacific Airways announce order for additional wide-body airplanes

Boeing and Cathay Pacific Airways announced that Cathay Pacific has ordered an additional 747-8 Freighter and three 777-300ER (Extended Range) airplanes. The order, valued at about $1 billion at current list prices, will bolster Cathay Pacific’s 747-8 Freighter fleet and 777-300ER fleet to 14 and 53, respectively.

“We are very pleased to confirm this latest aircraft purchase from Boeing,” said John Slosar, chief executive of Cathay Pacific. “Both the 777-300ER and the 747-8 Freighter offer a highly efficient solution on Cathay Pacific’s ultra-long-haul routes, combining superb operating economics with a significant reduction in emissions. These two aircraft types will form the backbone of our long-haul passenger and freighter fleets through to the end of the decade.”

Hong Kong’s flag carrier is in the midst of renewing its freighter fleet with newer, more efficient airplanes, while also looking to strengthen its position as a market leader in the air cargo business.

“Cathay Pacific is a longstanding customer and operator of Boeing’s products and services,” said Boeing Commercial Airplanes President and CEO Ray Conner. “We value our partnership with Cathay Pacific and are grateful for their enduring confidence in Boeing and our wide-body airplanes.”

The 747-8 Freighter gives cargo operators the lowest operating costs and best economics of any large freighter airplane while providing enhanced environmental performance. At 250 feet, 2 inches long – 18 feet, 4 inches longer than the 747-400 Freighter – the 747-8 Freighter gives customers 16 percent more revenue cargo volume compared to its predecessor with nearly equivalent trip costs and lower ton-mile costs.

The Boeing 777 is the world’s most successful twin-engine, long-haul airplane. The 777-300ER is equipped with the world’s most powerful GE90-115B commercial jet engine, and can seat up to 386 passengers in a three-class configuration with a maximum range of 7,930 nautical miles.

Hong Kong’s flag carrier operates 55 777s, including 38 777-300ERs and an all-Boeing freighter fleet that includes 13 747-8 Freighters. With this order, Cathay Pacific will have 21 777-9X airplanes, 15 777-300ERs and one 747-8 Freighter on order with Boeing.




All of this week's top headlines to your email every Friday.


 
 

 

Headlines August 31, 2015

News: Pilot killed in crash was helping wounded veterans – A pilot who died in a small plane crash in the desert northeast of Los Angeles was giving free glider rides to wounded military veterans. Turkey carries out first air strikes as part of anti-Isis U.S. coalition – Turkish fighter jets have carried out their first air...
 
 

News Briefs August 31, 2015

Pakistan officials: U.S. envoy discusses Afghan peace efforts Pakistani officials say visiting U.S. National Security Adviser Susan Rice has discussed efforts to revive Afghan peace talks. Rice met with Prime Minister Nawaz Sharif and army chief Gen. Raheel Sharif Aug. 30. Two Pakistani officials say they discussed efforts to revive talks between the Afghan government...
 
 
Courtesy photograph

F-22 inaugural deployment to Europe

Courtesy photograph A pair of F-22 Raptors fly near the coastline of Panama City Beach, Fla. Four F-22 Raptors, one C-17 Globemaster III, and approximately 60 airmen arrived at Spangdahlem Air Base, Germany, to train with allie...
 

 
ILS photograph

Boeing-built satellite will create first global high-speed broadband network

ILS photograph The Inmarsat-5 F3 satellite launched Aug. 28 aboard a International Launch Services Proton Breeze M rocket from Baikonur, Kazakhstan. EL SEGUNDO, Calif.–When the third Boeing-built [NYSE: BA] Inmarsat-5 sat...
 
 

Civil Air Patrol joins total force ‘Airmen’

When conducting missions for the Air Force as the official Air Force auxiliary, the Civil Air Patrol is now included in the Air Force’s definition of the total force. CAP has provided 74 years of support to emergency services, aerospace education and cadet programs. In August 2015, the Air Force updated Doctrine Volume 2, “Leadership,”...
 
 
DOD photograph by Air Force MSgt. Adrian Cadiz

Carter announces manufacturing initiative to aid war fighters

DOD photograph by Air Force MSgt. Adrian Cadiz Defense Secretary Ash Carter announces the creation of a National Manufacturing Innovation Institute to produce hybrid electronics during a speech at the National Full Scale Aerody...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>