SP's Aviation - - NEWS DIGEST -

Cathay Dragon has signed a mem­o­ran­dum of un­der­stand­ing (MoU), prepara­tory to ex­e­cut­ing for­mal le­gal doc­u­men­ta­tion, for the ac­qui­si­tion of 32 Air­bus A321­neo air­craft. The MOU, signed on Au­gust 21 be­tween the Cathay Pa­cific Group and Air­bus in Toulouse, France, is val­ued at ap­prox­i­mately HK$31.7 bil­lion (about$4bil­lion) at cur­rent list prices. It is in­tended to re­place and ex­pand Cathay Dragon’s sin­gle-aisle fleet from 2020.

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