HONG KONG, Sept 16 (Reuters) - Hong Kong's dominant air carrier Cathay Pacific Airways has agreed to buy 30 Airbus aircraft for about $7.82 billion, it said on Thursday, amid a revival in international traffic.
Swire and Air China, which together own about 72 percent of the airline, have approved the transaction, Cathay said in a statement to the Hong Kong stock exchange.
The airline had already said in August that it intended to buy these A350-900 aircraft.
(Reporting by Kelvin Soh; Editing by Ken Wills)
((kelvin.soh@thomsonreuters.com; +852 2843 6345; Reuters Messaging: kelvin.soh.reuters.com@reuters.net)) Keywords: CATHAY/AIRBUS (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Swire and Air China, which together own about 72 percent of the airline, have approved the transaction, Cathay said in a statement to the Hong Kong stock exchange.
The airline had already said in August that it intended to buy these A350-900 aircraft.
(Reporting by Kelvin Soh; Editing by Ken Wills)
((kelvin.soh@thomsonreuters.com; +852 2843 6345; Reuters Messaging: kelvin.soh.reuters.com@reuters.net)) Keywords: CATHAY/AIRBUS (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.