Ge Long Hui·2025-08-06 04:45Core Viewpoint - Cathay Pacific Airways (00293.HK) has exercised its purchase rights under a 2013 subscription agreement to acquire additional Boeing 777-9 aircraft, indicating a strategic move to enhance its long-haul fleet and improve operational efficiency [1] Group 1: Aircraft Acquisition - CPAS has exercised its purchase rights to acquire 14 Boeing 777-9 aircraft [1] - CPAS has also been granted the right to purchase up to an additional 7 Boeing 777-9 aircraft from the manufacturer [1] Group 2: Financial Details - The basic price for the aircraft is approximately $8.1 billion, equivalent to about HKD 63.2 billion [1] - The payment for each aircraft will be made in five installments, with the majority of the payment due before delivery [1] Group 3: Strategic Implications - The new aircraft are expected to replace some of the existing long-haul wide-body fleet, facilitating future growth [1] - The aircraft will primarily serve long-haul routes and specific regional destinations, contributing to the company's sustainability commitments through improved fuel efficiency [1] - The introduction of these aircraft aims to enhance operational cost-effectiveness while providing a high level of comfort and safety for passengers [1]