In a strategic move towards solidifying its position as the premier global air cargo service, Cathay Cargo has unveiled plans to integrate the cutting-edge Airbus A350F freighter into its fleet. The announcement, made by Cathay Group Chief Executive Officer Ronald Lam, underscores the company’s commitment to revolutionizing air cargo services with a customer-centric approach.
Cathay Cargo has initiated its ambitious fleet enhancement with an initial order of six Airbus A350F freighters, accompanied by the option to acquire an additional 20 aircraft in the future. The delivery of these state-of-the-art freighters is scheduled to commence in 2027, positioning Hong Kong as a pivotal air cargo hub on the global stage.
Ronald Lam expressed confidence in the Hong Kong hub, emphasizing its significance in the context of the Three-Runway System. Lam stated, “This order is a crucial element in our forward-looking investment strategy. The introduction of these highly fuel-efficient, next-generation freighters not only amplifies our cargo capacity but also extends our global network, aligning with our sustainability leadership goals.”
The impact of this fleet expansion is poised to strengthen cargo connectivity between Hong Kong, the Chinese Mainland, and key destinations worldwide, particularly in North and South America, as well as Europe. The purchase agreement brings Cathay Group’s new aircraft deliveries to an impressive total of 77.
Airbus Chief Commercial Officer and Head of International, Christian Scherer, expressed satisfaction in Cathay Cargo’s decision, stating, “There’s a new standard in the cargo space, and we are gratified that such a savvy global air-cargo operator as Cathay has joined the growing number of reference players in the air-freight industry selecting the A350F.”
Cathay Cargo, currently operating a fleet of 20 Boeing 747 freighters, including 14 B747-8Fs and six B747-400ERFs, extends its cargo services to approximately 80 destinations worldwide. In addition to its freighter capacity, the airline leverages the Cathay Group’s extensive passenger network to provide belly capacity.
Looking ahead, the Cathay Group’s order book includes 21 Boeing 777-9 wide-body passenger aircraft scheduled for delivery from 2025, along with a total of 49 Airbus A320neo and A321neo aircraft expected to join the fleet by 2029. As Cathay Cargo propels into the future, this strategic investment reaffirms its commitment to innovation, sustainability, and maintaining a leading edge in the competitive air cargo industry.