March 5 - Hong Kong headquartered airline Cathay Pacific has purchased three B747-8 freighter aircraft, valued at approximately USD1 billion at list prices.
The contract includes options on five further B777 freighters.
The new B747-8F equipment will be used to progressively replace Cathay Pacific's older, smaller and less fuel-efficient B747-400 freighter fleet.
The new additions will bring the airline's B747-8F fleet to 13. It also operates six B747-400 freighters, six B747-400ER (extended range) freighters, and one B747-400BCF (Boeing converted freighter).