By Adria Calatayud

Airbus and Hong Kong's Cathay Pacific Airways have signed a purchase agreement for six A350F freighter aircraft with a basic price of $2.71 billion before price concessions, the companies said Friday.

Cathay said Airbus granted it significant price concessions which might be used toward the payment of the aircraft. The basic price comprises prices for airframe, optional features and engine, Cathay said.

The aircraft, expected to be delivered by the end of 2029, will expand Cathay's cargo fleet capacity and will mainly serve long-haul destinations in North America, South America and Europe, it said.

Airbus said the A350F can carry a payload of up to 111 metric tons and can fly up to 4,700 nautical miles, or 8,700 kilometers.

Write to Adria Calatayud at adria.calatayud@dowjones.com

(END) Dow Jones Newswires

December 08, 2023 02:08 ET (07:08 GMT)

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