Previous Close | 7.820 |
Open | 7.760 |
Bid | 7.810 x 0 |
Ask | 7.820 x 0 |
Day's Range | 7.700 - 7.830 |
52 Week Range | 7.060 - 8.980 |
Volume | |
Avg. Volume | 4,481,108 |
Market Cap | 50.339B |
Beta (5Y Monthly) | 0.81 |
PE Ratio (TTM) | 30.08 |
EPS (TTM) | 0.260 |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Sept 04, 2019 |
1y Target Est | 10.90 |
Cathay Pacific Airways Ltd is leaning towards placing an order for around six Airbus A350 freighters as the Hong Kong carrier renews the oldest section of its fleet of dedicated 747 cargo jets, industry sources said. If confirmed, the selection marks a bounce back for the Airbus freighter after Cathay earlier this year appeared to favour the competing Boeing 777-8F, before postponing a decision for several months, said the sources, speaking on condition of anonymity to discuss confidential matters.
If confirmed, the selection marks a bounce back for the Airbus freighter after Cathay earlier this year appeared to favour the competing Boeing 777-8F, before postponing a decision for several months, said the sources, speaking on condition of anonymity to discuss confidential matters. "We will continue to evaluate what potential new-generation freighters may provide additional capacity and generate value for our customers and shareholders, and we remain open to all possibilities," a Cathay Pacific spokesperson said by email.
Hong Kong's Cathay Pacific Airways said on Friday it had purchased 32 Airbus A321-200neo aircraft from Airbus for a basic price of $4.66 billion. The deal follows an agreement between an Airbus unit and the aircraft acquisition facilitators of Hong Kong's flagship carrier in September 2017. Cathay expects the aircraft to be delivered by the end of 2029, and expand the fleet capacity of Hong Kong Express, one of its units.