Hong Kong’s flag‑carrier, Cathay Pacific Airways, has confirmed a firm order for 14 additional Boeing 777‑9 aircraft, bringing its total order book for the type to 35, with options for seven more.
Valued at approximately US $8.1 billion at list prices, the deal reportedly includes substantial discounts, as is common in large airline agreements.
“This order marks another major investment in our future and demonstrates our firm belief in the long-term prospects for Hong Kong as a leading aviation hub,” said Ronald Lam, Chief Executive Officer of Cathay Pacific. “The Boeing 777‑9 will be the backbone of our long-haul fleet for the years to come, providing the range, capacity and environmental performance we need to meet our future growth.”
“We are proud to strengthen our long-standing partnership with Cathay Pacific, dating back to the airline’s first Boeing jets in the 1970s,” said Stan Deal, President and CEO of Boeing Commercial Airplanes. “The 777‑9’s efficiency and performance will support Cathay’s network growth while reducing its carbon footprint.”
Cathay anticipates its first 777‑9 delivery in early 2027, in line with Boeing’s revised timeline following delays in FAA certification and production.
The announcement coincided with Cathay’s half‑year financial results, which showed a modest 1 % rise in profit to HK$3.65 billion (US$465 million), thanks to strong passenger numbers and lower fuel costs. However, the group warned of challenges at its low‑cost subsidiary HK Express and uncertainties in the cargo market.
The expanded 777‑9 order reinforces Cathay’s fleet modernisation strategy, aimed at replacing older long‑haul widebodies and enhancing efficiency ahead of projected recovery in global air travel demand.
Source: boeing.com