Cathay orders jets from Boeing, Airbus
Thread Starter
Join Date: Dec 2001
Location: Rotterdam
Posts: 66
Likes: 0
Received 0 Likes
on
0 Posts
Cathay orders jets from Boeing, Airbus
HONG KONG — Betting that commercial air traffic will gradually recover from the terrorism crisis, Cathay Pacific Airways said yesterday it ordered six new jets — three each from rivals Boeing and Airbus.
Cathay said the Boeing 777-300s and Airbus A330-300s will be delivered in 2003 and 2004 — at which point the carrier believes it will have weathered the aftermath of the Sept. 11 attacks that threw the global aviation industry into its worst slump in more than a decade.
Cathay did not disclose what it's paying, but Boeing said the list price for three 777-300s was about $600 million. Airlines typically negotiate better prices than the list.
More at Aviation News
Cathay said the Boeing 777-300s and Airbus A330-300s will be delivered in 2003 and 2004 — at which point the carrier believes it will have weathered the aftermath of the Sept. 11 attacks that threw the global aviation industry into its worst slump in more than a decade.
Cathay did not disclose what it's paying, but Boeing said the list price for three 777-300s was about $600 million. Airlines typically negotiate better prices than the list.
More at Aviation News
