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Cathay Pacific talking with Boeing about delaying deliveries

Post by John Gillie / The News Tribune on Nov. 28, 2008 at 12:17 pm with No Comments »
November 28, 2008 12:17 pm

Hong Kong’s Cathay Pacific Airways, one of Boeing’s better Asian customers, is talking with the airliner maker about delaying delivery of planes already on order.

The usual culprit, the world economic slowdown, is to blame for the talk of delays.

Cathay has unfilled orders for Boeing jetliners worth $9.5 billion at list prices.

The company has 10 747-8 freighters, four 747-ERF freighters and 21 777-300ER twin engine passenger jet on order.

The company is mothballing two 747-400s in the California desert because exports from Asia are slowing.

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