Cathay Pacific Orders 12 New Boeings

Cathay Pacific has ordered eight Boeing 777 Freighters and four 777-300ER (extended range) airplanes. The order is valued at $3.3 billion at list prices.

Including this order, Cathay Pacific has 36 777s in backlog, and already operates 35 777s direct from Boeing.

"We are very pleased to announce this latest Boeing order, which highlights our commitment to operating a modern and efficient fleet together with a deep commitment to our home city, Hong Kong," said John Slosar, Cathay Pacific Chief Executive. "The Boeing 777-300ER is a superb aircraft that has already given a significant boost to our long-haul passenger operations, while the Boeing 777 Freighter will improve our freighter operations by delivering improved payload range capability at competitive operating costs."

The 777-300ER is the world's largest long-range twin-engine jetliner, capable of carrying 365 passengers up to 7,930 nautical miles (14,685 kilometers). To date 34 customers around the world have ordered more than 500 777-300ERs.

The 777 Freighter will position Cathay Pacific Airways to take advantage of the high air cargo traffic growth projected for Hong Kong and the Asia Pacific region. The airplane is the world's longest range twin-engine freighter. Providing cargo capacity normally associated with larger airplanes, the 777 freighter can fly 4,900 nautical miles (9,070 kilometers) with a full payload of 225,200 pounds (102 metric tons).

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