Cathay Pacific 2005 Annual Report Download - page 7

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5
Cathay Pacific Airways Limited Annual Report 2005
The growing fleet
• At the end of 2005 we had 96 aircraft in our fleet,
including 82 passenger aircraft and 14 freighters.
Our fleet will total 101 aircraft by September 2006
when we celebrate Cathay Pacific’s 60th Anniversary.
• We made our biggest single order for new aircraft
with firm orders for 16 Boeing 777-300ERs and
purchasing rights on 20 more, plus three Airbus
330-300 aircraft. We will simplify our fleet as the
B777-300ER becomes our primary long haul aircraft.
In addition, we have outstanding orders for one
B777-300, three A330-300s and five more
used B747-400s.
• The world’s first B747-400BCF, passenger-to-
freighter conversion, entered service with the
airline in December. We have five more conversions
on firm order and options on six more.
• In 2005 we took delivery of one new B747-400
freighter, one B777-300 and three A330-300s while
three second-hand B747-400 passenger aircraft
were refitted and introduced into service.
• Our all-cargo subsidiary AHK Air Hong Kong Limited
took delivery of its fifth and sixth A300-600 freighter
aircraft in 2005 and will take delivery of its seventh
and eighth in May and June 2006.
Fleet profile
Number as at
31st December 2005
Leased Firm orders Expiry of operating leases
‘08 and Purchase
Aircraft type Owned Finance Operating Total ‘06 ‘07 beyond Total ‘06 ‘07 ‘08 ‘11 ‘12 rights
Aircraft operated by Cathay Pacific:
B747-400 19 3 22(a) 4(b) 1 5 1 2
B747-200F 4 3 7
B747-400F 2 4 6
B747-400BCF 1 1
B777-200 1 4 5
B777-300 1 10 11 1 1
B777-300ER 5(c) 11(d) 16 20(e)
A330-300 1 22 3 26 1 2 3(f) 6 3
A340-300 11 4 15 3 1
A340-600 3 3 2 1
Total 29 54 13 96 6 8 14 28 3 3 1 4 2 20
Aircraft operated by AHK :
A300-600F 2 4 6 2 2
(a) One aircraft under reconfiguration.
(b) One aircraft on 9 year operating lease.
(c) Two aircraft on 10 year operating leases.
(d) Two aircraft on 10 year operating leases.
(e) Purchase rights for aircraft delivered by 2017.
(f) Aircraft on 7.5 year operating leases.
2005 in Review