Aug 6 (Reuters) - Hong Kong's Cathay Pacific Airways ( CPCAF )
on Wednesday ordered 14 more Boeing 777-9 jets
and reported a 1% increase in first-half profit on the back of
growing passenger numbers, lower fuel prices and a steady cargo
performance.
The plane order exercises options secured as part of a 2013
order by the Hong Kong-based carrier for 21 of the
next-generation wide-body jets, and adds options to purchase
another seven in the future, the airline said.
Cathay said the 14 jets had a list price of $8.1 billion,
but it had secured significant discounts, as is customary for
major airlines.
The long-delayed 777-9, Boeing's ( BA ) latest version of its 777
plane, has not yet been certified by the U.S. Federal Aviation
Administration. Boeing ( BA ) CEO Kelly Ortberg said last month the
model is undergoing flight testing and the planemaker hopes to
start deliveries next year.
Cathay said in March it was expecting its first 777-9
delivery in early 2027.
The airline reported a first-half profit of HK$3.65 billion
($465 million), but warned of an uncertain outlook in the cargo
market and continued short-term challenges for its low-cost
carrier, HK Express.