The airline confirmed the order in a filing to the Hong Kong stock exchange.
The new aircraft are expected to be delivered by 2034.
This marks the airline’s first major order with Boeing in more than a decade.
The 777-9 is described as the world’s largest twin-engine airplane.
Hong Kong’s aviation sector faced severe challenges during the Covid-19 pandemic.
Cathay reported a slight profit increase to US$1.27 billion in 2024.
First-half 2025 attributable profit rose to HK$3.65 billion (US$4.65 million).
Cathay declared an interim dividend of HK$20 cents per share.
He cited higher passenger volumes and lower fuel costs as key drivers.
The airlines now serve over 100 passenger destinations globally.
However, profit margins dipped by 0.6 percent in the first half of 2025.
Bookings have not yet returned to normal levels, he said.
Cathay’s share price dropped nine percent following the earnings announcement. - AFP
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