Cathay Group outlines growth strategy with a planned acquisition of up to 32 Airbus A321neo and A320neo aircraft, focusing on modernizing its fleet and enhancing Hong Kong’s aviation connectivity.
In a strategic move to upgrade and expand its fleet, the Cathay Group has announced plans to procure up to 32 Airbus A321neo and A320neo aircraft. This acquisition sets the trajectory for the Group’s new aircraft deliveries to surpass a total of 70.
Scheduled for delivery by 2029, these aircraft are earmarked for integration into the Cathay Pacific and HK Express fleets. Primarily, they will serve routes in the Chinese Mainland and other key Asian destinations.
Ronald Lam, Cathay Group’s Chief Executive Officer, conveyed the Group’s long-term vision, stating, “Our commitment stands firm in investing in the Group’s enduring future and the pivotal growth of the Hong Kong international aviation hub, especially as we anticipate the expansive potential of the Three-Runway System.”
He further highlighted the aircraft’s strategic alignment, saying, “These specific aircraft models have consistently delivered value to Cathay Pacific and HK Express, bolstering our reach in the Chinese Mainland and adjacent regions.”
Stressing the Group’s dedication to superior service, Lam added, “In our pursuit to be recognized among the world’s top service brands, we consistently focus on elevating our customer experience. These new aircraft, brimming with cutting-edge enhancements, promise our customers a quieter, more comfortable, and eco-efficient travel.”
It’s worth noting that the Group has already incorporated 13 A321neos from a previous 2017 order for 32 units. This new intent to purchase is set to infuse up to an additional 32 single-aisle Airbus aircraft into the Cathay Group’s evolving fleet.
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