(NSI News Source Info) SEATTLE, - September 23, 2010: Boeing (NYSE: BA) and Cathay Pacific Airways today announced the Hong Kong-based carrier has exercised existing purchase rights for six additional Boeing 777-300ERs (extended range). The six new airplanes, with an estimated value of US$1.6 billion at Boeing list prices, will increase Cathay Pacific's 777-300ER future fleet from 30 to 36.Cathay Pacific, one of the world's largest operators of the popular jetliner, also operates 12 Boeing 777-300s and five 777-200s. "Cathay Pacific is a valued long-time Boeing customer. The global reach of Cathay Pacific's 777 fleet showcases the airplane's exceptional performance features and its passenger appeal around the world," said Marlin Dailey, vice president of Sales for Boeing Commercial Airplanes. "This additional commitment from a world-class operator like Cathay Pacific is a testament to the greater efficiency, economics and reliability of the 777-300ER."
Cathay Pacific first announced its selection of the 777-300ER in 2005. This announcement is Cathay Pacific's fourth increase in its acquisition plans for the long-range jetliner.
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