Cathay Pacific Airways has ordered eight Boeing 777 Freighters and four 777-300ERs, in a deal which Boeing values at $3.3 billion at list prices.
With the order, Cathay Pacific Airways becomes the 15th customer to order the 777 Freighter and increases its Boeing 777-300ER fleet to 50 aircraft.
“We are very pleased to announce this latest Boeing order, which highlights our commitment to operating a modern and efficient fleet together with a deep commitment to our home city, Hong Kong,” says John Slosar, Cathay Pacific’s chief executive. “The Boeing 777-300ER is a superb aircraft that has already given a significant boost to our long-haul passenger operations, while the Boeing 777 Freighter will improve our freighter operations by delivering improved payload range capability at competitive operating costs.”
Adds Slosar: “The Boeing 777 Freighter, together with the other new aircraft types, will provide us with exactly the right balance in our fleet portfolio through to the end of the decade along with a more efficient and environmentally friendly operation.”
Including this order, Cathay Pacific has 36 777s in its Boeing order backlog, and already operates 35 777s directly ordered from Boeing.
The Boeing 777-300ER is the world’s largest long-range twin-engine jetliner and is capable of carrying 365 passengers up to 7,930 nautical miles (14,685 kilometers). To date 34 customers around the world have ordered more than 500 777-300ERs.
Its Boeing 777 Freighters will help position Cathay Pacific Airways to take advantage of the high air-cargo traffic growth projected for Hong Kong and the Asia Pacific region. The Boeing 777F is the world’s longest range twin-engine freighter.
Providing cargo capacity normally associated with larger widebodies, the 777 freighter can fly 4,900 nautical miles (9,070 kilometers) with a full payload of 225,200 pounds (102 metric tons).