2012 Farnborough Airshow

- 2012-07-12T11:48:50Z

Photograph by Matthew Lloyd/Bloomberg

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All Hands on Deck

From left: John Leahy, chief operating officer of Airbus, Fabrice Bregier, chief executive officer of Airbus, Christopher Pratt, chairman of Cathay Pacific Airways and John Slosar, CEO of Cathay Pacific, hold a model of an Airbus A350-1000 aircraft during a news conference on the second day of the 2012 Farnborough International Airshow in the U.K. on July 10.

Airbus SAS's A350-1000 won a vote of confidence from Cathay Pacific, which added 26 of Airbus's largest twin-engine aircraft to its fleet, supporting a jet that hasn't gained a fresh order in four years.

Cathay will convert 16 A350-900s on order into the larger variant and buy an additional 10 A350-1000s, the companies said today at Farnborough. The A350-1000 has a list price of about $320 million.