Cathay Pacific Secures 14 Boeing Jets in Hong Kong Deal
Cathay Pacific Heats Up with a New Boeing Order
The Hong Kong carrier announced it will place a US$8.1‑billion purchase for 14 Boeing 777‑9 jets, marking its first order with the American aircraft maker in 12 years.
Key Details of the Order
- Passengers to benefit from a pick‑up in travel demand in Asia.
- The airline has exercised its purchase rights for 14 Boeing 777‑9 aircraft.
- It has secured the option to acquire up to seven additional 777‑9s.
- Deliveries are expected by 2034.
Financial Highlights for the Quarter
In a filing to the Hong Kong stock exchange, Cathay Pacific reported its attributable profit rose slightly to HK$3.65 billion (US$4.65 million).
Chair Patrick Healy hailed the period as a solid financial performance, noting that the company’s passenger airlines—including Cathay Pacific and Hong Kong Express—have launched or announced 19 new destinations so far in 2025.
Future Expansion Plans
Healy said “more to come” and that Cathay now flies to over 100 passenger destinations globally.
Short‑Term Challenges for Low‑Cost Airlines
The company cautioned that its low‑cost carriers are facing short‑term challenges, as pick‑up in bookings has yet to return to normal levels.
