Cathay Pacific plans more aircraft orders across fleet, CEO says

AAR CORP.
Boeing Company

AAR CORP.

AIR

0.00

Boeing Company

BA

0.00

- Cathay Pacific 0293.HK is considering additional orders for widebody, narrowbody and freighter aircraft as it looks to expand rapidly over the next decade, taking advantage of a third runway at its Hong Kong hub, Chief Executive Officer Ronald Lam said on Sunday.

Lam said this could include fresh orders and exercising options to expand previous orders. Cathay already has more than 100 new aircraft on order, including long-delayed Boeing 777X long-haul planes, Airbus A350 freighters and smaller Airbus A320neo passenger jets for its low-cost HK Express subsidiary.