Cathay Pacific Orders 14 Boeing 777X Jets for Fleet Expansion

Cathay Pacific Airways announced a significant expansion of its fleet with the purchase of 14 additional Boeing 777-9 aircraft, along with purchase rights for seven more, potentially bringing the total to 42 777-9s. This move is part of Cathay's ongoing fleet renewal and expansion strategy, aiming to replace its current 35 Boeing 777-300ERs and enhance long-haul and high-capacity routes. The transaction, valued at approximately $8.1 billion before discounts, supports Cathay's goals for improved fuel efficiency, sustainability, and operational cost savings, with deliveries expected to begin in early 2027. The airline reported a first-half 2025 profit of HK$3.65 billion ($465 million), driven by increased passenger numbers, lower fuel prices, and steady cargo performance, although it noted uncertainties in the cargo market and challenges for its low-cost carrier, HK Express. This order marks Cathay's first Boeing purchase in 12 years, providing a boost to Boeing's delayed 777X program, which is still undergoing certification and flight testing. Cathay also plans to introduce new cabin products and enhanced customer experiences, including a new first-class product on the 777-9s and upgraded business class cabins on existing Airbus A330s.