According to a press statement issued by the company, the earnings per share were up 8.4 times to HK 173.9 cents and the turnover for the period increased by 33.7 percent to HK $41,337 million. [break]
“Cathay Pacific has committed to investing in new aircraft and other items such as the new cargo terminal at Hong Kong International Airport and upgrading its product in the cabin and on the ground between now and 2013,” the statement said, adding that the airline has also signed a Letter of Intent with Airbus to buy 30 A350-900s.
It also intends to exercise purchase rights with Boeing to buy another six 777-300ERs.
The total catalog price of these aircraft will be about HK $75 billion. The new A350s will be delivered between 2016 and 2019 and will be used partly to replace some of the airline´s older aircraft and partly to accommodate future growth, according to the statement.
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