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Cathay Pacific says has 90 aircraft on order at cost of $27 billion

Cathay Pacific says has 90 aircraft on order at cost of $27 billion

 

Almasalla,Gate Arab Tourism News-  Hong Kong carrier Cathay Pacific Airways Ltd (0293.HK) said on Wednesday that as of June 30, it has 90 aircraft on order for delivery by 2024 at a catalogue price of HK$210 billion (16.19 billion pounds) as it rolls out new long-haul services.

In a filing to the Hong Kong stock exchange earlier on Wednesday, Cathay said January-June net profit jumped nearly 15-fold to HK$347 million (26.7 million pounds) from just HK$24 million a year ago, when earnings were squeezed hard by high fuel prices and weak cargo demand.

That was well above a mean estimate of HK$153 million from three varied forecasts by analysts polled by Reuters.
 

(Reuters)

 

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