CATHAY PAC AIR Purchases 14 Boeing 777-9 Aircraft
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 06 2025
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Source: aastocks
Aircraft Purchase Announcement: Cathay Pacific Air has exercised its purchase rights to acquire 14 Boeing 777-9 aircraft, with an option for 7 more, totaling around USD 8.1 billion, expected to be delivered by 2034.
Funding and Shareholder Approval: The transaction will be financed through various means including bank loans and operational cash, and has received approval from major shareholders like Swire Pacific and Air China.
Analyst Views on 00019
Wall Street analysts forecast 00019 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00019 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 73.950
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Current: 73.950
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
