Cathay Pacific 2003 Annual Report Download - page 8

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6Cathay Pacific Airways Limited Annual Report 2003
2003 in Review
The growing fleet
•At the end of the year we had 85 aircraft in our
operating fleet, including 74 passenger aircraft
and 11 freighters.
•During the year we introduced six new aircraft
into our fleet: one A340-600, three A330-300s,
and two B777-300s.
•We ordered one new B747-400 freighter for
delivery in 2005.
•Our all-cargo carrier subsidiary AHK Air Hong
Kong Limited (“AHK”) ordered six new
A300-600F regional freighter aircraft to expand
its operation within Asia. Scheduled delivery is
during the second half of 2004 and the first
quarter of 2005.
Fleet profile
Number as at
31st December 2003 Firm Expiry of
Leased orders operating leases
Aircraft type Owned Finance Operating Total ‘04 ‘05 Total ‘06 ‘07 ‘08 Options
Aircraft operated by Cathay Pacific:
B747-400 11 6 2 19 11
B747-200F 42 6
B747-400F 14 511
B777-200 14 5
B777-300 99113(a)
A330-300 23 23
A340-300 11 4 15 4
A340-600 3321
Total 17 59 9 85 11 2432 3
Aircraft operated by AHK:
B747-200F 11
A300-600F 42 64(b)
A300F/B727F(c) 33
Total 13 442 64
(a)
Operating lease options expire in 2007 and are for any B777 model.
(b)
Purchase options expire in 2004 and 2005.
(c)
Aircraft on wet lease.
Pioneer in technology
•We were one of the first airlines to provide
inflight email. Inflight email will be available to
all First and Business Class passengers and in
certain sections of Economy Class cabins by
mid-2004.
•Our Ultramain maintenance logging and
inventory management system now controls
work on our A340-600 and B747-200 Classic
freighter fleets and will be rolled out across
our other fleets.
•Cathay Pacific Cargo along with Japan Airlines
Cargo, Qantas Freight and Singapore Airlines
Cargo launched Ezycargo, an Internet service
portal for freight forwarders and airlines.
•COINS, our new revenue management
system, started operation in February.