Tuesday, October 5, 2010

Cathay Freighter Fleet May Shrink on Delivery Delays, SCMP Says



Cathay Pacific Airways Ltd.’s freighter fleet may shrink next year because the start of deliveries of Boeing Co. 747-8F aircraft on order has been delayed to August from January, the South China Morning Post said, citing unidentified officials at the company.

The airline will have to transfer four 747-400BCF freighters to its air cargo venture with Air China Ltd. during the first half of next year, cutting fleet size, the Hong Kong- based English-language newspaper reported today, citing a spokesman and executive at Cathay, neither identified.

The airline is looking for short-term plane leases to bridge the gap, the Post said.

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