What does SCMP mean by
this?
"The airline entered a preliminary contract to buy 30 long-range Airbus A350 jetliners, powered by Rolls-Royce engines, at a catalogue price of HK$60.84 billion. The aircraft will be delivered between 2016 and 2019.
Cathay also intends to exercise the options to acquire six General Electric-powered Boeing 777s at an estimated cost of HK$12.48 billion, bringing the outstanding firm orders for the twin-jet planes to 18 from 12.
The new aircraft will replace existing B747 and A340 jets as well as accommodate future passenger demand growth, Cathay chief executive Tony Tyler said.
The airline has an option to buy 30 additional A350s in the future."
