Hong Kong’s Cathay Dragon plans HK$20b aircraft replacement programme

[flee 5]

Cathay Dragon is planning a bumper order of 23 new Airbus or Boeing planes to replace its entire fleet of ageing single-aisle aircraft in a potential HK$20 billion deal.

The newly rebranded sister airline of Cathay Pacific – formerly known as Dragonair – is in the market for technologically advanced jets that will pit Airbus’s A320neo against Boeing’s 737 Max in the operator’s biggest order since 2000.

The modernisation drive comes amid a slowdown in business this year for aircraft manufacturers. With expensive new planes losing their shine at a time of economic and political uncertainty and old, fuel-hungry jets becoming more cost-effective with low oil prices, airlines have deferred deliveries or even cancelled orders.

Bucking the trend, Cathay Dragon is investing billions in new aircraft despite a tough financial year that forced it to scrap profitability forecasts.

More:

http://www.scmp.com/news/hong-kong/economy/article/2054897/hong-kongs-cathay-dragon-plans-hk20b-aircraft-replacement

 

[S V Choong 4]

The rebranding exercise already cost them quite a bit... I m hoping they will order some 737Max but A321neo will probably win the contract.

[flee 5]

If they need the A321neo and its LR variant, they will go with Airbus.

 

But note the article also said smaller aircraft at greater frequencies - this may point to a B737-8 Max/A320neo only order. This is not impossible because HKG is building a third runway....

Edited December 16, 2016 by flee

[Tom/PER 0]

B-LBE is in the process of being transferred across from its parent company.

[JuliusWong 0]

B-LBE is in the process of being transferred across from its parent company.

First picture is in: https://www.planespotters.net/photo/735835

[Raymund Yeoh 1]

Look like Turkish Airlines from a far

[JuliusWong 0]

Look like Turkish Airlines from a far

The Cathay Dragon re-branding was totally unnecessary as there are more urgent matters to solve. Like their super high fuel surcharge, thanks to stupid management who negotiated a bad deal.

[S V Choong 4]

The Cathay Dragon re-branding was totally unnecessary as there are more urgent matters to solve. Like their super high fuel surcharge, thanks to stupid management who negotiated a bad deal.

 

Super high fuel surcharge with CX and KA? Not as high as SQ and some other airlines....

 

Try redeem your miles with SQ and you will see what I mean....

Edited January 1, 2017 by S V Choong