|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||139.28 - 142.02|
|52 Week Range||108.88 - 142.02|
|Beta (5Y Monthly)||1.60|
|PE Ratio (TTM)||27.92|
|Earnings Date||Feb 15, 2024|
|Forward Dividend & Yield||1.80 (1.30%)|
|Ex-Dividend Date||Apr 25, 2023|
|1y Target Est||148.70|
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Hong Kong’s flagship carrier Cathay Pacific said Friday it has ordered six freighter aircraft from Airbus, in a blow to Boeing.
Airbus beat out Boeing for Cathay Pacific’s order of new heavy freighters. The post Cathay Pacific places order for 6 Airbus A350 freighters appeared first on FreightWaves.
Hong Kong's Cathay Pacific Airways said on Friday it has placed a firm order to purchase six Airbus A350 freighters with a list price of $2.71 billion, as it replaces its ageing Boeing 747 cargo jets. Cathay, which has six older model 747-400ERFs and 14 newer 747-8Fs expects the six A350s to be delivered from 2027 and by the end of 2029, it said in a statement. Under the deal, Cathay has also secured the right to acquire 20 more A350 freighters.