PanAm_DC10 From Australia, joined Aug 2000, 4231 posts, RR: 89 Posted (8 years 10 months 18 hours ago) and read 3744 times:
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The first firm orders of the year for the 773ER are from CX taking their total to 18 firm
Cathay Pacific Airways today placed orders for two additional advanced wide-body Boeing 777-300ER aircraft, increasing its commitment to a total of 18 since the airline announced its biggest ever order for new aircraft in December last year.
Previously, the airline made commitments for 16 Boeing 777-300ER aircraft with purchase rights for 20 more. Two of these purchase rights have now been exercised. The additional two Boeing 777-300ER aircraft will be acquired through direct purchases from The Boeing Company.
All the Boeing 777-300ER aircraft will be powered by General Electric GE90-115B engines. The additional two Boeing 777-300ER aircraft will be delivered in January and September 2008, while the first Boeing 777-300ER aircraft is scheduled to enter service in September 2007.
HB-IWC From Indonesia, joined Sep 2000, 4531 posts, RR: 71
Reply 4, posted (8 years 10 months 16 hours ago) and read 3425 times:
Quoting RJpieces (Reply 3): Not sure if these two will replace them exactly, but I'd say the chances of the 3 A346s remaining in the fleet when their lease is up is low....
I'd say that will all depend on what the conditions for the extension of the lease will be. As I understand, Airbus has been offering such a good deal on these 3 airframes to CX that the airline had no other choice than to keep the aircraft in the fleet during the last lease extension. Now that CX is firmly going for the B77W, Airbus might not be interested in offering a continuation of the deal either.
PM From Germany, joined Feb 2005, 7077 posts, RR: 63
Reply 5, posted (8 years 10 months 16 hours ago) and read 3408 times:
Quoting HB-IWC (Reply 4): As I understand, Airbus has been offering such a good deal on these 3 airframes to CX that the airline had no other choice than to keep the aircraft in the fleet during the last lease extension. Now that CX is firmly going for the B77W, Airbus might not be interested in offering a continuation of the deal either.
I thought they were leased from ILFC and not Airbus?
Dutchjet From Netherlands, joined Oct 2000, 7864 posts, RR: 56
Reply 8, posted (8 years 10 months 16 hours ago) and read 3331 times:
That was quick.....follow on orders are always a very good sign; especially so quickly after the original order, and consider that the first 773ER will not be delivered for more than a year. It does seem that CX will be very committed to the 773ER and expect follow on orders: it will likely become the backbone of the CX longhaul fleet.
This confirms how important the CX order was to the 773ER program.
As for the three leased A346s in the CX fleet, everything seems to suggest that these aircraft will leave the CX fleet at the conclusion of their leases (does anyone know the terms of these lease?).......the 773ERs will replace these aircraft. The 773ER has become the leader in this class.....but also consider that CX probably ended up with the worst performing early build A346s built and truly do not represent the type; that being said, the A346s seem to handle the JFK-HKG route without too many issues on a daily basis.
PanAm_DC10 From Australia, joined Aug 2000, 4231 posts, RR: 89
Reply 13, posted (8 years 10 months 15 hours ago) and read 3202 times:
AIRLINERS.NET CREW COMMUNITY MANAGER
Quoting HB-IWC (Reply 10): That's right, but still, CX is believed to enjoy such a great deal on those 3 airframes that it would have been almost criminal not to extend that lease agreement that last time around.
The original lease terms were for 5 years and CX took delivery in 2002 and 2003 of them so when did they have the chance to extend the lease agreement? That said IIRC early last year or late 2004 they signed a 5 year deal with RR to maintain the engines on the birds so they'll most likely stay around for awhile yet. If not, demand for widebodies is strong and ILFC may well have no problem placing them with a carrier elsewhere.