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CPCAY Cathay Pacific Airways Ltd (PK)

5.58
0.16 (2.95%)
17 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Cathay Pacific Airways Ltd (PK) USOTC:CPCAY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.16 2.95% 5.58 5.27 5.70 5.5905 5.35 5.5905 906 21:02:36

Airbus Gets Order From Cathay Pacific for Six A350F Aircraft Worth $2.7 Billion

08/12/2023 7:23am

Dow Jones News


Cathay Pacific Airways (PK) (USOTC:CPCAY)
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By Adria Calatayud

 

Airbus and Hong Kong's Cathay Pacific Airways have signed a purchase agreement for six A350F freighter aircraft with a basic price of $2.71 billion before price concessions, the companies said Friday.

Cathay said Airbus granted it significant price concessions which might be used toward the payment of the aircraft. The basic price comprises prices for airframe, optional features and engine, Cathay said.

The aircraft, expected to be delivered by the end of 2029, will expand Cathay's cargo fleet capacity and will mainly serve long-haul destinations in North America, South America and Europe, it said.

Airbus said the A350F can carry a payload of up to 111 metric tons and can fly up to 4,700 nautical miles, or 8,700 kilometers.

 

Write to Adria Calatayud at adria.calatayud@dowjones.com

 

(END) Dow Jones Newswires

December 08, 2023 02:08 ET (07:08 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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