Airline Will Eventually Fly A Total Of Three Dozen 777s

The Hong Kong-based carrier Boeing Cathay Pacific Airways has exercised existing purchase rights with Boeing for six additional Boeing 777-300ERs (extended range), the airline announced Wednesday.

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The six new airplanes, with an estimated value of US$1.6 billion at Boeing list prices, will increase Cathay Pacific's 777-300ER future fleet from 30 to 36. Cathay Pacific also operates 12 Boeing 777-300s and five 777-200s. Cathay Pacific announce its first purchase of the 777-300ER in 2005. This announcement is Cathay Pacific's fourth increase in its acquisition plans for the long-range jetliner.

"We have been very impressed by the operating economics of these aircraft, while their high efficiency has resulted in a reduced environmental impact," said Cathay Pacific Chief Executive Tony Tyler. "As we continue to enhance our fleet, the 777-300ER will play a crucial role in our operations in the years to come."

"Cathay Pacific is a valued long-time Boeing customer. The global reach of Cathay Pacific's 777 fleet showcases the airplane's exceptional performance features and its passenger appeal around the world," said Marlin Dailey, vice president of Sales for Boeing Commercial Airplanes. "This additional commitment from a world-class operator like Cathay Pacific is a testament to the greater efficiency, economics and reliability of the 777-300ER."

Boeing says it has incorporated several performance enhancements for the 777-300ER, extending its range and payload capabilities. Excellent performance during flight testing, combined with engine efficiency improvements and design changes that reduce drag and airplane weight, contributed to the increased capability.

FMI: www.boeing.com, www.cathaypacific.com