Paris:
Airbus said on Friday it had secured an order for 32 A320neo aircraft from Hong Kong-based Cathay Pacific, as the airline expands flights to mainland China and elsewhere in Asia.
Financial details of the sale were not disclosed, although at current list prices the deal would be worth $3.2 billion to $4.1 billion.
Cathay Pacific had indicated in August that it planned to expand its fleet of popular medium-haul aircraft, on top of an initial order for 32 A320neos in 2017.
Airbus says the more fuel-efficient versions of its single-aisle A320 planes are the industry’s best sellers, competing with Boeing’s 737 MAX.
“Cathay is one of the world’s leading aviation groups and we are proud to be part of its recovery and growth plan,” Christian Scherer, the European aircraft maker’s chief commercial officer, said in a statement.
Thirteen aircraft from the original 2017 order have already been delivered, and Cathay said on August 10 that the new jets are expected to be delivered in 2029.
“These aircraft feature the latest technological improvements to provide our customers with a quieter, more comfortable and more fuel-efficient journey,” Cathay chief Ronald Lam said.
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