CATHAY PACIFIC TO REPLACE BUSINESS CLASS SEATS

Cathay Pacific Airways is investing $129 million to replace business class seats on its long-haul aircraft. The airline hopes to capitalize on increased demand for air travel by business passengers. The new business cabin designs replace those configured in a herring-bone setup that were launched in 2006, which had generated complaints over the limited personal space. The new seats will be installed on new long-haul Airbus A330-300 and Boeing 777-300 extended range aircraft from March 2011. The aircraft already in operation will be retrofitted with the new business cabins from late 2011. Cathay is also introducing revamped airline lounges at