Cathay Pacific Airways Orders Boeing 747 Freighters

The Boeing Company today confirmed Cathay Pacific Airways, based in Hong Kong, has ordered two 747-400 freighters.

Deliveries for the order are scheduled for September 2000 and August 2001.

"Boeing products and services have long been the foundation of our fleet," said Cathay Pacific Chairman, James Hughes-Hallett. "We now operate 35 Boeing airplanes, all widebodies.

"With worldwide cargo growth forecast to increase 6.4 percent annually, combined with Asian markets gaining strength, we believe these airplanes will help us successfully grow our business interests now and in the future," he said. With the Cathay Pacific order, 10 customers have now ordered 66 747-400 Freighters; 34 have been delivered.

"Cathay Pacific Airways has been an important customer for nearly three decades," said Alan Mulally, Boeing Commercial Airplanes Group president. "Cathay Pacific Airways serves 47 destinations throughout the world and has long set the standard for superior service in the airline industry."

The new-technology Boeing 747-400 Freighter is an all-cargo transport member of the 747-400 family. It can carry more cargo farther than any other commercial jet freighter, with the lowest operating cost per ton-mile. All of the advances introduced in the 747-400 passenger version are available in the all-cargo configuration.

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Marta Newhart
Gary Lesser (Everett)