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Cathay Pacific Airways to buy 32 Airbus planes for $4.06 billion

Staff Writer |
Cathay Pacific Airways said it has agreed to buy 32 new planes from Airbus Group at a list price of $4.06 billion.

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The aircraft would be operated mainly by Cathay Dragon, the sister airline of Cathay Pacific, it said in a statement to the Hong Kong stock exchange.

The aggregate consideration for the Airbus aircraft, as a result of negotiations between the two parties, will be lower than the list price, it added.

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