Thread: Cathay Pacific
View Single Post
Old 06-05-2010, 05:20 PM
  #51  
Five Green
On Reserve
 
Five Green's Avatar
 
Joined APC: May 2007
Position: The right seat.
Posts: 19
Default Something is up at Cathay.
Cathay poised to place order for widebodies
By Leithen Francis

Cathay Pacific Airways will shatter Airbus's A380 sales aspirations as it prepares for a widebody buying spree, with deals for long-range twinjets but no near-term plans to order the superjumbo.

The Hong Kong airline, which is a major Boeing 747 operator, has long been a target for Airbus's A380 salesmen. However, according to industry sources a request for proposals issued by Cathay in November centred on Airbus A330/A350s and Boeing 777/787s.

The airline is expected to finalise these orders this year, with one source suggesting that a decision will be made in June, ahead of the northern summer holidays.

Cathay chief executive Tony Tyler declines to comment on the RFP, citing commercial and confidentiality reasons, but confirms the airline "is evaluating new-generation Airbus A350 and Boeing 787 aircraft"

The Oneworld carrier needs new widebodies to cater for market growth and allow it to phase out older aircraft, say the sources. The carrier has also said publicly it wants to retire its ageing 777-200s although Tyler says the phase-out will not begin this year.

Cathay operates 20 747-400s, some of which are more than 20 years old, and Airbus and Boeing have been trying hard to secure deals to replace them with A380s or 747-8Is.

The airline was involved in the A380 programme from the start, taking part in early A3XX customer focus group meetings 15 years ago. Airbus remains bullish about the role that Cathay's main base will play in the ultra-large aircraft sector, forecasting that Hong Kong will be the largest hub for such aircraft over the next 20 years.

The airline is already a customer for the cargo version of the 747-8, with 10 on order, but industry sources say Cathay has no near-term interest in ordering ultra-large passenger widebodies. One option could be to streamline its fleet by adding more 777-300ERs to replace the 747-400s.

Cathay already has a large A330-300 and 777-300ER fleet, with Flightglobal's ACAS database showing 32 and 17 aircraft, respectively. Orders for eight A330-300s and 13 777-300ERs (plus six options) are held. Deliveries of the A330s will start at year-end and conclude in 2013, says Cathay, when the last of the firm -300ER orders are also due.
Couple this news with the fact that crews are being run hard with no relief in sight and I think something should be happening soon.

I know I run the risk of handing out false hope but I think more DEFOs will be needed sooner rather than later. While much of the focus the past two years has been on cadet recruitment CX has never stopped accepting DEFO applications.

Those intersted should submit or update their apps in case the window opens.
Five Green is offline  
Reply