Cathay Pacific Airways To Buy 30 A350-900 Airplanes From EADS

Cathay Pacific Airways Ltd

has entered into an agreement with EADS

to purchase 30 A350-900 airplanes for a basic price of about $7.8 billion. The company may take the delivery of the 30 A350-900 airplanes from 2016 to 2019. CPCAY's shares moved down 0.23% to close at $13.23 yesterday, while EADSY shares lost 0.89% to close at $24.43 yesterday. Read more