Hong Kong-based Cathay Pacific Airways sees its location as one of its biggest advantages in attracting cargo in the booming Asian market.
Recent cargo growth through Hong Kong has encouraged the carrier to invest in more combination and freighter aircraft for its cargo division. By the next year, Cathay plans to take delivery of 11 new planes.
Boeing delivered a 747-400 freighter to Cathay Pacific in July and is scheduled to deliver a 747-400 combination plane later this year.
That will bring to eight the number of 747-400s in Cathay's fleet. The 747-400 is a more fuel efficient plane than previous 747s and offers a larger cargo capacity, l 20 tons. The new freighter will be used on Cathay's new Hong Kong/Toronto route.
An additional 747-400 combination aircraft is expected to be delivered this year. Airbus Industrie will supply seven …