Hong Kong-based aviation firm Cathay Group has announced the acquisition of 32 additional Airbus A320neo Family aircraft as part of its ongoing fleet modernisation and expansion efforts.
In a press statement, Cathay Group says that the arrangement doubles the number of A320neo Family orders placed by the company, bringing the total to 64, of which 13 have already been delivered.
The statement adds that the 32 additional aircraft will comprise both the A321neo and A320neo which will join the fleets of Cathay Pacific and its subsidiary HK Express. They will principally serve destinations in the Chinese Mainland and elsewhere in Asia.
“Cathay is one of the world’s leading airline Groups and we are proud to be part of its recovery and growth plan. Operating out of the Cathay Group’s base at the heart of Asia, the A320neo family will enable it to expand its services across the region with a most efficient single aisle fleet and a positive passenger comfort differentiation. With a significant reduction in fuel consumption, the aircraft will also bring an immediate contribution to the Cathay Group’s sustainability goals,” says Airbus Chief Commercial Officer and Head of International, Christian Scherer.
The statement adds that the A320neo Family incorporates the very latest technologies including new generation engines, Sharklets and aerodynamics, which together deliver at least 20 percent lower fuel burn and CO2 emission savings.
With more than 9,700 orders from over 130 customers, the A320neo Family is the world’s most popular single aisle aircraft, says Airbus.