Cathay in Talks With Shareholders for ‘Substantial’ Jet Order
Cathay has already pledged over HK$100 billion ($12.9 billion) worth of investments in the coming years, largely in new aircraft.
Photographer: Lam Yik/BloombergCathay Pacific Airways Ltd. is in talks with shareholders on making another “substantial” order for new aircraft for the next decade, Chief Executive Officer Ronald Lam said.
The Hong Kong carrier will need more single-aisle jets, regional widebody aircraft and freighter planes as it cements its expansion needs from the start of the next decade, he said.