HONG KONG, March 9, 2011: The Boeing Company (NYSE: BA) and Cathay Pacific Airways today announced the Hong Kong-based carrier ordered 10 Boeing 777-300ER (extended range) airplanes valued at $2.8 billion at list price.
Cathay Pacific first announced its selection of the 777-300ER for its fleet requirements in 2005. With this order, Cathay Pacific will increase its Boeing 777-300ER planned fleet from 36 to 46 (including 4 leased). It's the fifth increase in its acquisition plans for the long-range jetliner.
"Cathay Pacific is a world-class carrier and a valued long-time partner. It has made the 777-300ER the foundation of its significant fleet enhancement for long-haul routes," said Marlin Dailey, vice president of Sales & Marketing for Boeing Commercial Airplanes. "The 777-300ER will as always provide superior operating efficiency, economics and reliability, as well as a very comfortable cabin experience for the passenger."
Cathay Pacific uses the Boeing 777-300ER as the backbone for its ultra-long-haul and long-haul fleet, mainly serving destinations in 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 Chief Executive Officer 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."
The Boeing 777 family is the world's most successful twin-engine, long-haul airplane. The 777-300ER extends the 777 family's span of capabilities, bringing twin-engine efficiency and reliability to the long-range markets.
In additions to Boeing 777-300ER, Cathay Pacific operates 12 Boeing 777-300s, five 777-200s, 45 747-400s in both passenger and cargo versions. The airline also has ordered 10 Boeing 747-8 Freighters.
More than 60 customers around the world have ordered nearly 1,200 777s.
+86 10 5925 5588
Boeing Begins Hiring for New Engineering Center in Oklahoma City
Boeing, Cathay Pacific Announce Order for More 777-300ERs
Boeing CEO McNerney on the Nomination of Secretary Locke as U.S. Ambassador to China
Boeing Completes Preliminary Design Review for Inmarsat-5 Satellites
Boeing Begins Final Assembly of 1st P-8A Poseidon Production Aircraft
Boeing, Aeroflot Announce Order for Eight 777s
Boeing 747-8 Intercontinental Completes Engine Runs Successfully
Boeing and ILFC Announce Order for 33 Next-Generation 737-800s
Boeing Statement on MOU with Hong Kong Airlines for 38 Airplanes
Boeing, Air China Sign Agreement for 747-8 Intercontinentals
Boeing Update: Asia Pacific to Account for One-Third of Airplane Deliveries Over Next 20 Years
Boeing Begins Change Incorporation Work on 787 Dreamliner
2nd Boeing-built Orbital Test Vehicle X-37B Begins Flight
Boeing Delivers Copa Airlines' First 737 Boeing Sky Interior
Boeing, Thales to Pursue Helicopter Aircrew Training Opportunity
Boeing Leaders to Address Bio-Fuels, Growth, Emerging Issues at Asian Aerospace 2011
Bell Boeing-built V-22 Osprey Fleet Surpasses 100,000 Flight Hours
Boeing Names Jeffrey Johnson New Leader for Middle East
Boeing 777 Freighter Completes 2 Years in Service
Boeing, TAM Complete Contract for Two 777-300ERs
Boeing Delivers Ryanair's 300th 737-800
Boeing Recognized for Mercury Spacecraft by Institute of Electrical & Electronics Engineers
Boeing Receives US Air Force Contract to Build Next-Generation Refueling Tanker
Boeing Completes 1,000th 787 Flight
Boeing to Demonstrate Aviation Command and Control Subsystem for US Marine Corps