Cathay Pacific is in talks with major shareholders on a potential decade-long fleet order spanning narrowbodies, regional widebodies, and freighters, CEO Ronald Lam said at the Routes World 2025 forum on September 25, according to a Bloomberg report.
Cathay Pacific’s largest shareholders are Swire Group and Air China, which together hold about 75% of the airline, according to its latest interim report.
The carrier has already invested over HKD 100 billion (about USD 12.85 billion), mainly in new aircraft. Lam noted that Cathay Pacific has set out a 10-year fleet plan from 2026 to 2035, with the first five years finalized and the focus now shifting to the latter half.
He added that the upcoming order is expected to be “substantial,” and would play an important role in supporting both Hong Kong and the development of Hong Kong International Airport.
Cathay Pacific Group, including HK Express, currently operates a fleet of about 230 aircraft, with around 150 additional confirmed orders and purchase options.
While Lam did not disclose the specific types or the value of the potential purchases, Cathay’s recent moves point to a clear strategy: strengthening long-haul capacity, filling gaps in short- and medium-haul routes, and enhancing cargo operations.
In August, Cathay Pacific announced an additional order for 14 Boeing 777-9 long-haul widebody aircraft — its first Boeing widebody purchase in 12 years. Together with its previous commitments, the total order for this type now stands at 35 aircraft.
