Transport Airlines

Hong Kong Airline Cathay Pacific Places $1 Billion Order with Boeing

Dec 28, 2013 3:00 am

Skift Take

The order is on top of a larger order placed earlier in December suggesting that Cathay Pacific’s growth is projected to continue amid the still booming Asian travel market.

— Samantha Shankman

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Boeing said Friday that Hong Kong airline Cathay Pacific Airways made an additional order of four airplanes worth a total of about $1 billion at list prices.

Boeing said Cathay Pacific ordered one additional 747-8 freighter plane and three 777-300ER (extended range) planes. The orders would give Cathay Pacific a total of 14 747-8s and 53 777-300ERs.

Earlier this month the Chicago company said Cathay Pacific ordered 21 of its planned 777X planes.

Shares of Boeing Co. lost $1.13 to $137.14 in afternoon trading.

Copyright (2013) Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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