The Cathay Group has announced its plan to buy as many as 32 Airbus A321neo and A320neo aircraft, as part of its ongoing investment in expanding and modernising its fleet, and enhancing flight connectivity at the Hong Kong international aviation hub. This move will increase the Group’s total new aircraft deliveries to over 70.
These planes are expected to be delivered by 2029 and will be integrated into the fleets of Cathay Pacific and HK Express. They will primarily serve destinations in mainland China and other parts of Asia.
Ronald Lam, Chief Executive Officer of Cathay Group, stated: “We are dedicated to investing in the long-term future of the Group and the Hong Kong international aviation hub, which is projected to experience significant growth with the implementation of the Three-Runway System. These aircraft models have been performing admirably for Cathay Pacific and HK Express, enabling us to fortify the expansion of our network in mainland China and the broader Asian region for the benefit of our passengers. As we strive towards achieving our vision of becoming one of the world’s greatest service brands, we remain committed to continuously investing in our customer experience. These aircraft feature the latest technological enhancements to provide a quieter, more comfortable and more fuel-efficient journey for our customers.”
The Group has already received 13 planes from its initial order of 32 A321neos placed back in 2017.