The Cathay Group has announced their intention to purchase up to 32 new Airbus A321neo and A320neo aircraft as part of their fleet modernization program. This expands the Group’s new aircraft orderbook to over 70 aircraft.
On Thursday (August 10, 2023) Cathay Group announced their intention to purchase up to 32 additional Airbus A321neo and A320neo aircraft, as the company continues to invest in the modernization and expansion of their fleet. With the incremental order, Cathay’s new aircraft orderbook will grow to over 70 aircraft. The new A320neo Family jets are expected to be delivered by 2029, and will join the fleets of Cathay Pacific and HK Express, primarily serving destinations in mainland China, as well as other Asian destinations.
In Thursday’s announcement, Cathay Group’s Chief Executive Officer, Ronald Lam, said,
“We are committed to investing in the long-term future of the Group and the Hong Kong international aviation hub, which is expected to grow exponentially with the operation of the Three-Runway System. These aircraft models have been serving Cathay Pacific and HK Express well, allowing us to strengthen the expansion of our Chinese Mainland and regional network for our customers.
“As we strive towards achieving our vision of becoming one of the world’s greatest service brands, we remain committed to continuously investing in our customer experience. These aircraft feature the latest technological enhancements to provide a quieter, more comfortable and more fuel-efficient journey for our customers.”
Cathay Pacific Group has already taken delivery of 13 of their initial order for 32 A321neos placed in 2017, and today’s announcement expresses the company’s intention to purchase an additional 32 Airbus A320neo Family aircraft.
Source: Cathay Pacific