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Cathay Pacific Orders Airbus Jets Valued at Over $5 Billion

Cathay Pacific plans to buy 14 Airbus aircraft, including 11 valued at more than $5 billion, to upgrade its fleet and support long-term growth.

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By Kimberley KaoCathay Pacific Airways plans to buy 14 Airbus jets, including 11 aircraft valued at more than $5 billion, as the Hong Kong airline seeks to upgrade its fleet to support long-term growth.The Hong Kong flag carrier said Wednesday in an exchange filing that it will exercise purchase ri…

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