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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 5.2983 | 5.05 | 5.29 | 45 | 21:00:05 |
HONG KONG--Cathay Pacific Airways Ltd. (0293.HK) has agreed to buy 21 777-9X planes from U.S. aircraft maker Boeing as the Hong Kong-based carrier seeks to further expand its long-haul network.
The carrier, which didn't disclose the exact purchase price, said the combined list price of the 21 widebody jets is US$7.46 billion and that Boeing has granted it 'significant price concessions.'
The purchase of the 21 400-seat twin-engine jets is part of Cathay Pacific's effort to boost its long-haul destinations in North America and Europe amid a gradual global economic recovery.
It will begin taking deliveries of the aircraft from 2021.
Write to Joanne Chiu at Joanne.Chiu@wsj.com
1 Year Cathay Pacific Airways (PK) Chart |
1 Month Cathay Pacific Airways (PK) Chart |
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