Cathay Pacific 2006 Annual Report Download - page 7

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Cathay Pacific was named Airline of the Year 2006”
by leading industry magazine Air Transport World.
We were also named Airline of the Year 2006” in
the OAG 24th Annual Awards, along with “Best
Airline Based in Asia” and “Best Transpacific Airline.
In November, we were named joint winners, with
Air China, of the Centre for Asia Pacific Aviation
(“CAPA”) Airline of the Year” honour. We were also
named CAPA “Cargo Airline of the Year”.
Other major honours in 2006 include the Airline
of the Year” from leading regional trade publication
Travel Trade Gazette and “Best Inflight Travel
Retailer in Asia Pacific” in the Raven Fox Awards.
Hub development
We added a new online destination in December
with the launch of a daily service to Shanghai.
Two more destinations – Kota Kinabalu and Phuket –
were added to our network in 2006 following a new
codeshare arrangement with Dragonair. Busan was
also added in January 2007.
A reduction in the minimum connecting time
with Dragonair made it easier and quicker for
passengers to transfer through the Hong Kong hub.
Additional services commenced to Adelaide,
Bahrain, Dubai, Frankfurt, Riyadh, Rome and
Seoul, while three Penang flights each week were
upgraded to a direct service.
The growing fleet
At the end of 2006 we had 102 aircraft in our fleet,
including 84 passenger aircraft and 18 freighters.
Our 100th aircraft, an Airbus A330-300, arrived in
August 2006. We also took delivery of one Boeing
777-300 and two Boeing 747-400BCFs, Boeing
Converted Freighters, and acquired two more
Boeing 747-400 aircraft that are being converted
into freighters for deployment in 2007.
We increased our firm order of Boeing 777-300ERs
from 16 to 18, with delivery commencing in
September 2007. The aircraft will offer a longer
range with a higher payload and will be deployed to
provide non-stop services on ultra long haul routes.
In June 2006 we announced our biggest-ever
order for new freighters – six Boeing 747-400ERFs.
Deliveries commence in May 2008 and the aircraft
will be used on North American trunk routes to take
advantage of their longer range and bigger payload.
60th anniversary celebration
We celebrated 60 years of serving Hong Kong in
2006, with a range of events and activities running
throughout the year up to our actual birthday on
24th September.
We used the anniversary celebration to highlight
how we have grown with Hong Kong over the
past six decades, helping to build the city into an
aviation hub and internationally renowned business
and tourist destination.
5
Cathay Pacific Airways Limited Annual Report 2006
2006 in Review