Cathay Pacific Orders 30 Airbus A350s

September 16, 2010
Hong Kong's Cathay Pacific Airways has agreed to buy 30 Airbus aircraft for about USD$7.82 billion, it said on Thursday, amid a revival in international traffic.

Swire and Air China, which together own about 72 percent of the airline, have approved the transaction, Cathay said in a statement to the Hong Kong stock exchange.

The airline had already said in August that it intended to buy the A350-900 aircraft.

(Reuters)

Air China Orders Four 777s For USD$1.2 Bln


September 11, 2010
Air China said it had agreed to buy four 777-300ER aircraft from Boeing for a total basic price of USD$1.15 billion to expand fleet capacity.

In a filing to the Shanghai Stock exchange late on Friday, Air China said the transaction would not have any significant impact on its cash flow or operations.

The planes will be delivered in 2013 and 2014, the company said.

(Reuters)