Cathay Pacific Orders A350-1000 Aircraft

Hong Kong International Airport | Cathay Pacific Orders A350-1000 | Air Travel News

Cathay Pacific to Convert 16 A350-900 to Larger A350-1000

Hong Kong’s Cathay Pacific Airways currently has orders on the book for the new-build Airbus A350-900 widebody aircraft. The carrier is now looking at converting 16 of these aircraft orders into the larger A350-1000 Airliners for additional lift capacity. Additionally, Cathay Pacific is also looking to use an option to purchase 10 additional Airbus A350-1000 planes.

Demand continues to grow in the Asia/Pacific region for air transportation and Cathay Pacific is in a unique position to meet the anticipated demand. Aside from meeting the demand, fuel efficiency is of utmost importance as a result of the volatile oil markets.

The Board of the Company must first provide approval and will take this issue up on August 8, 2012, when they meet next.

John Slosar, Cathay Pacific’s Chief Executive, said, “This is an important and strategic development for Cathay Pacific. The A350-1000 aircraft will bring us world-beating fuel efficiency and environmental friendliness. It will also be a very popular aircraft with our customers and its improved payload and range will allow us to connect more and more important cities worldwide directly with Hong Kong. With this order, Cathay Pacific will have a total of 100 aircraft on order for delivery by 2020 comprising an aggregate investment at list prices of HK$ 218 billion.”

It should be noted, as with automobiles or other large ticket items, prices are negotiated and list price is not paid. What carriers do pay in the end is one of the most highly guarded secrets in the industry.

Cathay Pacific A350’s on Order

  • 22 Airbus A350-900 Aircraft
  • 26 Airbus A350-1000 Aircraft

The A350-1000’s will be powered by a high thrust model of the Rolls-Royce Trent XWB engine.

Airbus A350 Economics

The Airbus A350 is not only a next generation “Extra Wide Body”, or XWB, but will be a strong competitor when it comes to long-haul fleet operating economics. Lower fuel burn and reduced operating cost per seat make the aircraft attractive to carriers with many long-haul routes.

Airbus President & CEO Fabrice Brégier, proclaimed,  “This announcement from one of the world’s most highly respected airlines is a clear endorsement of the unbeatable operating economics offered by the A350 XWB. The A350-1000 will be a game changer in the 350-seat category, offering outstanding payload-range capability, new levels of comfort and a 25 per cent reduction in fuel burn. We look forward to building on our long-term relationship with Cathay Pacific as the airline brings new levels of efficiency to the long haul market.”

Cathay Pacific currently operates a fleet of 135 wide-body aircraft around the globe — the order not only helps to meet increased demand but plays a significant role with the airline’s fleet modernization program.

Hong Kong International Airport is an important aviation hub in Asia for both passengers and cargo.   Aside from the investment in new aircraft, Cathay Pacific is investing in a few cargo facility to open in early 2013.

In addition to new aircraft, Cathay Pacific is investing HK$5.9 billion in a new cargo terminal at Hong Kong International Airport, scheduled to open in early 2013, and is enhancing its products on board its aircraft and on the ground.

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