Aug 22,2017: Cathay Pacific Group has signed a Memorandum of Understanding (MOU) with Airbus for 32 A321neo single-aisle aircraft. The aircraft will be operated by Cathay Dragon, the regional carrier of the Group, on services linking its Hong Kong home base with destinations across Asia.
The new A321neo aircraft will replace and renew Cathay Dragon’s existing in-service fleet of 15 A320s and eight A321s, with the additional aircraft allowing the airline to expand in the region. The Cathay Dragon network at present covers 56 Asian destinations, including 28 in mainland China.
Cathay Pacific chief executive officer and Cathay Dragon chairman Rupert Hogg said, “The Airbus fleet has been serving Cathay Dragon well over the decades. With the A321neo we expect to benefit from a very significant increase in operating efficiency, while increasing capacity in the Cathay Dragon network in order to expand our reach to more customers.”
He added, “The intention to purchase these 32 environmentally-friendly aircraft will allow us to add new destinations to Cathay Dragon’s network, increase frequency on some of our most popular routes and expand our network in the region in order to provide more travel choices and convenience to our customers.”
John Leahy, Airbus chief operating officer, customers said, “Airbus is proud to have been selected to supply Cathay Dragon’s future single-aisle fleet. This is another major endorsement of the A321neo as the aircraft of choice in the middle-of-the-market segment.”
“The A321neo offers the lowest operating costs, longest range capability and most spacious cabin in its class. It will be the perfect aircraft for Cathay Dragon as it builds on its success as one of Asia’s leading regional carriers.”