HONG KONG (AFP) - Hong Kong airline Cathay Pacific announced it planned to buy 36 new long-range Boeing 777-300ERs aircraft in what it described as its biggest ever single order of new planes.
http://us.ard.yahoo.com/SIG=12fi1ks...jsp&tm=y&p=2595&search=mortgage_300x250_h1457
Cathay Pacific said it had made commitments to buy 16 of the Boeing planes and taken options on another 20.
It added that it would also buy three A330-300s from Boeing's great European aerospace rival Airbus.
Cathay Pacific said in a statement the B777's would be acquired through a combination of 12 direct purchases from Boeing and four operating leases from International Lease Finance Corp. (ILFC).
The three new A330-300s will also be acquired via operating leases from ILFC.
The statement gave no value for the orders but said the 16 Boeings were planned for delivery between September 2007 and July 2010 while the three Airbus A330-300s would be delivered in 2008.
http://us.ard.yahoo.com/SIG=12fi1ks...jsp&tm=y&p=2595&search=mortgage_300x250_h1457
Cathay Pacific said it had made commitments to buy 16 of the Boeing planes and taken options on another 20.
It added that it would also buy three A330-300s from Boeing's great European aerospace rival Airbus.
Cathay Pacific said in a statement the B777's would be acquired through a combination of 12 direct purchases from Boeing and four operating leases from International Lease Finance Corp. (ILFC).
The three new A330-300s will also be acquired via operating leases from ILFC.
The statement gave no value for the orders but said the 16 Boeings were planned for delivery between September 2007 and July 2010 while the three Airbus A330-300s would be delivered in 2008.
