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Cathay to sell 5 777s; looking to boost cash reserves

 
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karatecatman
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PostPosted: Mon Nov 03, 2008 3:41 pm    Post subject: Cathay to sell 5 777s; looking to boost cash reserves Reply with quote
BBC Business has just annoucned that Cathay Pacific is to sell 5 777-200s in a bid to boost cash reserves.

The airline also says that it may sell more wide-bodies.

It says that it will eventually replace them with newer aircraft.
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