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Battered by coronavirus pandemic, Hong Kong’s Cathay Pacific plans to shrink order of Boeing’s latest 777X aircraft, sources say

Cathay Pacific Airways plans to shrink its order of Boeing’s newest marquee aircraft, the 777X, as the long-lasting effects of the Covid-19 pandemic trigger a rethink on the top-of-the-range commercial jets. The airline would “optimise” its order, two sources briefed on the matter said, slashing it from 21 planes – worth some HK$58 billion (US$7.4 billion) – to between 10 and 15.Since July last year, Cathay has said multiple times that it was in “advanced negotiations” with Boeing while already…

Read the original article at South China Morning Post

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