Cathay Pacific Group signs MOU for 32 A321neo aircraft; DAE completes AWAS acquisition

Yesterday, Cathay Pacific Group signed a Memorandum of Understanding (MOU) with Airbus for 32 A321neo single-aisle aircraft. The aircraft will be operated by Cathay Dragon, the regional carrier of the Group, on services linking its Hong Kong home base with destinations across Asia. The new A321neo aircraft will replace and modernise Cathay Dragon’s current in-service fleet of 15 A320s and eight A321s. The additional aircraft are intended to allow the airline to capture growth opportunities in the region. The Cathay Dragon network currently covers 56 Asian destinations, including 28 in mainland China. Cathay Pacific Chief Executive Officer and Cathay Dragon