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International Business Times
International Business Times
Business
Xinqi SU

Hong Kong's Cathay Unveils Deal To Buy Up To 60 Aircraft

Hong Kong carrier Cathay Pacific said Wednesday it would buy at least 30 Airbus A330-900 aircraft in a deal valued at $11 billion (Credit: AFP)

Hong Kong carrier Cathay Pacific said Wednesday it would buy up to 60 Airbus A330-900 aircraft as it looks to build on a post-Covid recovery and reach pre-pandemic passenger numbers in the new year.

The firm made the announcement as it reported a drop in profit in the first half of the year, having moved into the black for the first time in four years in 2023 thanks to a pick-up in post-Covid demand.

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