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Thu, Aug 24, 2017

Cathay Pacific Group Signs MOU For 32 A321neo Aircraft

Will Modernize Cathay Dragon's Current Fleet Of Airbus Airplanes

Cathay Pacific Group has signed a Memorandum of Understanding (MOU) with Airbus for 32 A321neo single-aisle aircraft. The aircraft will be operated by Cathay Dragon, the regional carrier of the Group, on services linking its Hong Kong home base with destinations across Asia.

The new A321neo aircraft will replace and modernize Cathay Dragon’s current in-service fleet of 15 A320s and eight A321s, with the additional aircraft allowing the airline to capture growth opportunities in the region. The Cathay Dragon network currently covers 56 Asian destinations, including 28 in mainland China.

“The Airbus fleet has been serving Cathay Dragon well over the decades," said Cathay Pacific Chief Executive Officer and Cathay Dragon Chairman Rupert Hogg. "With the A321neo we expect to benefit from a very significant increase in operating efficiency, while increasing capacity in the Cathay Dragon network in order to expand our reach to more customers.

“The intention to purchase these 32 environmentally-friendly aircraft will allow us to add new destinations to Cathay Dragon’s network, increase frequency on some of our most popular routes and expand our network in the region in order to provide more travel choices and convenience to our customers,” he said.

"Airbus is proud to have been selected to supply Cathay Dragon’s future single-aisle fleet," said John Leahy, Airbus Chief Operating Officer, Customers. "This is another major endorsement of the A321neo as the aircraft of choice in the middle-of-the-market segment.

“The A321neo offers the lowest operating costs, longest range capability and most spacious cabin in its class. It will be the perfect aircraft for Cathay Dragon as it builds on its success as one of Asia’s leading regional carriers.”

(Image provided with Airbus news release)

FMI: www.airbus.com

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