Overview
- Cathay exercised purchase rights for 14 Boeing 777-9 jets on August 6, raising its firm commitment to 35 aircraft with options for seven more.
- The tranche carries a list price of US$8.1 billion before customary discounts as the airline revives its first Boeing deal since 2013.
- Deliveries have been deferred to 2027 after Boeing’s 777X programme faced production delays and FAA certification challenges.
- The airline will operate new 777-9s alongside its existing fleet of 35 777-300ERs into the mid- to late-2030s to maintain long-haul capacity flexibility.
- The announcement coincided with a 1 percent rise in first-half profit to HK$3.65 billion despite passenger yields falling over 12 percent on the main brand and 21.6 percent at HK Express.