Cathay Earmarks A321neo Aircraft for China Route Expansion
- Planes are scheduled for delivery starting next year
- CEO Hogg says Cathay is making itself more productive
An Airbus A321neo
Photographer: Dominique Boutin/Getty Images
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Cathay Pacific Airways Ltd. intends to deploy Airbus SE A321neo planes scheduled for delivery starting 2020 on Chinese routes, part of a plan that will help the carrier manage costs while expanding and upgrading its network.
Through the use of data technology and more fuel-efficient aircraft, Cathay has managed to increase its revenue per seat mile by about 7 percent, Chief Executive Officer Rupert Hogg said in an interview with Bloomberg News Wednesday. Its cost per seat mile has also been contained, he said.