Cathay Pacific Group will optimise the passenger fleet of its airlines – Cathay Pacific, Cathay Dragon and HK Express – in order to allow each airline to achieve their full development potential by leveraging their respective unique strengths.
The move is also designed to maximize each airline’s operational efficiency and synergy. This will be good for not only the Group and its airlines, but also the travelling public and our home hub, with better connections through Hong Kong that will strengthen its position as Asia’s leading international aviation hub.
In total, the Group has existing orders for 65 new aircraft that it will receive by 2024, as part of the fleet modernization plan. This includes the delivery of 21state-of-the-art Boeing 777-9 aircraft, 12 modern Airbus A350 and 32 A321neo aircraft between 2020 and 2024.
Following a comprehensive review of its airlines’ fleets, the Group has decided that Cathay Dragon will operate the first 16 of these narrow-body A321neo aircraft upon delivery from 2020 to 2022. The remaining 16 aircraft, meanwhile, will join the HK Express fleet from 2022.