Gulf
Cathay's HK$150 billion fleet expansion could add regional air capacity that Gulf carriers and hubs might compete with.
Cathay orders 14 more Airbus jets as investment commitments top HK$150 billion
In simple terms
Hong Kong’s Cathay Group has ordered 14 additional Airbus aircraft to support the expansion of its regional services, taking its total investment commitments to more than HK$150 billion (US$19 billion) for the decade to 2035.
Why it matters for the Gulf
- Cathay orders 14 more Airbus jets for regional services.
- Total investment commitments exceed HK$150 billion through 2035.
- Gulf airlines and hubs could face more regional competition.
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