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Old August 16th, 2006, 04:21 PM   #741
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Cathay Pacific Releases July 2006 Traffic Figures
14 August 2006
Corporate Press Release

Cathay Pacific Airways today released traffic figures that show passenger numbers and cargo tonnage edging up as the airline moved into the 2006 summer peak.

In July, the airline carried a total of 1,512,638 passengers, up 4.8% on the same month last year. The passenger load factor for July was up to 84.6% on a capacity growth of 6.6%. Looking at specific routes, Europe had the biggest capacity growth, measured in available seat kilometres - 16.1% up on the same month in 2005.

Cargo carried in July rose by 1.8% on the same month last year to 97,970 tonnes, pushing ahead of a 1.0% rise in capacity. The cargo load factor for the month rose marginally, by 0.8 percentage points to 68.7%.

Cathay Pacific General Manager Revenue Management, Sales & Distribution Ian Shiu said: “We are pleased with the performance on the passenger side of the operation in July. The load factor was high as the summer holidays kicked in, and long-haul routes to Europe and North America were again particularly strong. Our front-end business held up better than expected in the holiday season, helping to keep yield up. The outlook for August and September remains positive, though external factors ranging from typhoons to security threats could impact on our business.”

Cathay Pacific Director & General Manager Cargo Ron Mathison said: "Demand out of Hong Kong and China to long-haul freight destinations remained strong in July, but loads on most routes back to Hong Kong were soft due to strong competition in the market. The month’s performance was buoyed by the launch of a new route to Chennai in India, via Mumbai, and the entry into the fleet of the second of six Boeing B747-400BCF “Boeing Converted Freighters".

The full July 2006 figures are on the following page.
http://www.cathaypacific.com/cpa/en_...0011d21c39____
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Old August 28th, 2006, 11:07 PM   #742
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Old August 30th, 2006, 01:29 AM   #743
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Cathay Pacific receives its landmark 100th aircraft at ceremony in Toulouse
29 August 2006
Corporate Press Release



Cathay Pacific Airways today celebrated a significant milestone in its 60-year history - and continued expansion - when it took delivery of its 100th aircraft, an Airbus A330-300, at the Airbus final assembly line in Toulouse, France.

Cathay Pacific Chief Executive Philip Chen accepted the aircraft on the airline's behalf from Airbus Chief Operating Officer – Customers John Leahy. Guest of Honour at the acceptance ceremony was Chief Secretary for Administration of the Hong Kong Special Administrative Region Government, The Honourable Rafael Hui. Representing Rolls-Royce, which has supplied the Trent 700 engines used on the latest fleet addition, was Senior Vice President Asia and Middle East Mick Forey.

The new aircraft, registration B-LAD, comes with a unique livery to mark its special status in the fleet. It has also been given a name, "Progress Hong Kong", which was selected in a naming competition among the airline's staff. The A330-300 has a three-class configuration featuring Cathay Pacific's acclaimed First Class and New Business Class cabins. It will fly on regional and medium-haul routes around the airline's network.

The 100th aircraft arrives as the airline moves into one of the most aggressive periods of expansion in its history, with 36 aircraft currently on firm order. These include five more A330-300s.

Speaking at the aircraft acceptance ceremony in Toulouse, Cathay Pacific Chief Executive Philip Chen said: "It gives me great pleasure to accept our 100th aircraft on the airline's behalf and to welcome Chief Secretary Rafael Hui as Guest of Honour at this special occasion. This delivery marks a significant milestone for Cathay Pacific as we celebrate 60 years of serving the people of Hong Kong, helping to build the city into a leading international aviation hub.

"Our latest aircraft not only caps 60 years of great achievements, but also heralds a new era of expansion for the airline. In the past 10 years we have doubled our fleet size and by October 2009 we will operate more than 130 aircraft. This continued growth represents the confidence we have in the airline, and also the confidence we have in Hong Kong's future as a centre for business and tourism, and as a passenger and freight hub of international importance. Our recent acquisition of Dragonair underlines our commitment to the city and will, I believe, create new synergies that can only benefit Hong Kong."

Chief Secretary for Administration of the HKSAR Government Rafael Hui said: "Cathay Pacific's development is a typical Hong Kong story. Its success is a major driving force behind Hong Kong's aviation development, which in turn supports our continued trade and economic growth."

Airbus Chief Operating Officer – Customers John Leahy said: "Over the past 60 years, Cathay Pacific Airways has built a reputation for being one of the world's most visionary and prestigious carriers. Airbus is very proud to have been part of Cathay Pacific's success story during a period full of enormous challenges. We are proud of the steadily growing fleet of A330s and A340s efficiently operating on the airline's regional and intercontinental long haul network. In the spirit of true partnership, Airbus is delighted to share in Cathay Pacific's anniversary celebrations and the delivery of its 100th aircraft today."

Rolls-Royce Senior Vice President, Asia and Middle East, Mick Forey said: "We're proud to be sharing this significant milestone with one of our long-standing customers. Over the past 60 years, Cathay Pacific has successfully positioned itself as a leader in the aviation world and showed great foresight when it originally selected the Trent 700 for its A330s in 1990. This decision led to the launch of the Rolls-Royce Trent family of engines in 1995, which also heralded a new era for us. Rolls-Royce now powers more than three quarters of Cathay Pacific's current fleet and we look forward to working together to ensure continued success."
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Old August 30th, 2006, 01:32 AM   #744
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Cathay closer to tap Chinese market after approval of Dragonair merger

HONG KONG, Aug 23, 2006 (AFP) - Hong Kong's flag carrier Cathay Pacific was closer to tapping the booming Chinese market after shareholders of four major players in the aviation sector approved it to take over its rival Dragonair.

The complex cross-sharing deal will make Dragonair a wholly-owned subsidiary of Cathay Pacific, and also see the Hong Kong flag carrier increase its stake in the mainland's state-run Air China.

However, the deal still requires the approval from the Chinese government, which is expected to be completed in the next three to four weeks, Cathay said.

"Once the deal is completed, Cathay Pacific can move forward with confidence in taking control of Dragonair, and at the same time strengthen its partnership with Air China and reinforce Hong Kong and Beijing as key aviation hubs in the Asia-Pacific," Cathay's chief executive Philip Chen said in a statement.

Air China chairman Li Jiaxiang said the deal would help "create a potent new force in the airline industry".

The approval of the deal -- granted on Tuesday by shareholders from Cathay, Air China, its unit China National Aviation Company (CNAC) and CITIC Pacific -- formalised Cathay's long-held ambition to gain greater access to the key Chinese market.

Cathay chairman Christopher Pratt said the airline should begin to see contributions generated from the merger from early 2007, although he cautioned the second half year will continue to be heavily influenced by the price of fuel despite the expected strong passenger and cargo growth.

Under the deal reached in June, which took more than two years to finalise, Cathay Pacific agreed to take over Dragonair for 8.22 billion dollars (1.05 billion US) while Air China and CNAC will get a combined 17.5 percent in Cathay. Air China plans to privatise CNAC.

Cathay Pacific in turn doubles its stake in Air China to 20 percent.

On completion, Swire Pacific -- which holds the largest stake in Cathay Pacific -- will hold 40 percent of Cathay and CITIC Pacific will hold 17.5 percent, compared with 46.30 percent and 25.40 percent previously.

According to the deal, Air China and Cathay Pacific will code-share on all routes and operate others under a profit share arrangement.

Cathay Pacific currently flies to only two destinations in China -- Beijing and Xiamen -- while Dragonair serves some 23 Chinese cities, including the lucrative Hong Kong-Shanghai route.

The new arrangements will come into effect on a date to be announced, following regulatory approval of the deal.

Analysts said the much anticipated restructuring opens up the prospect of cost savings and cooperation benefits in an industry struggling for profits against rising fuel and other costs, with booming China a prized market.

Aviation fuel accounted for the biggest increase in the airline's cost factors, up 30.4 percent to 8.7 billion dollars at the end of June.

Cathay hedged 25 percent of its fuel requirements in the first half year and will hedge 50 percent for the full year.
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Old August 31st, 2006, 06:17 AM   #745
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Cathay to add US flights as competition mounts
Alman Loong
Hong Kong Standard
Thursday, August 31, 2006

Cathay Pacific Airways (0293) plans to increase its New York and San Francisco services as rivals target long- haul routes for expansion.

"We should add more flights to North America over the next few years in order to meet market demand," said chief executive Philip Chen Nan-lok, in Toulouse, France.

The carrier has earned HK$1.67 billion in the first six months - level with a year ago.

But passenger yield - the amount of revenue per passenger per kilometer flown - slipped 3 percent to 45.8 HK cents during the first half, amid fierce competition in long-haul economy class.

Demand for first-class and business- class seats, however, remained strong.

Chen said there is enormous growth potential in long-haul routes.

The carrier will not rule out adding new destinations but it declined to disclose details.

Low-cost carrier Oasis Hong Kong Airlines, the city's first budget, long- haul passenger carrier, said it has filed an application with the government to fly to six more destinations in addition to its debut route.

Oasis's maiden flight - non-stop services to London Gatwick Airport - is due for take off next month. The budget airline last month promised to offer HK$1,000 one-way ticket to London before taxes beginning in October.

Chen said Cathay has no room to cut ticket prices despite the fierce competition.

Currently, there are four airlines, including British Airways and Virgin Airlines, serving the London route, and prices have never been lower than they are now, said Chen.

Meanwhile, Chen said Cathay has no immediate plan to expand its fleet to meet strong demand. The company will take delivery of 18 Boeing 777 aircraft during 2008 to 2009, and this is seen as sufficient to meet demand.

Last December Cathay made commitments for 16 Boeing 777-300ER aircraft, with purchase rights for 20 more. Two of these purchase rights also had been exercised in the past few months.

A Credit Suisse report by analyst Peter Hilton in August said "one issue that might emerge in the medium term is relative fleet age."

Asian airlines tend to have low fleet ages. Strong growth enables more new planes to be purchased as old ones are retired, the report said.

Even Cathay, which tends to keep planes in service for about 20 years, has an estimated average fleet age of 7 to 8 years through this averaging down process. But if fuel prices stay at the current high levels for many years, the relative inefficiency of older planes may cause airlines to step up fleet renewal, the report said. Chen, however, emphasized that its fleet was not too old.
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Old August 31st, 2006, 08:55 AM   #746
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Cathay also declared that they won't buy the A380 at the moment, but will consider it as a possibility in future.
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Old August 31st, 2006, 04:27 PM   #747
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History-making 100th Cathay Pacific aircraft comes face to face with the past
30 August 2006
Corporate Press Release









Cathay Pacific Airways welcomed its 100th aircraft, an Airbus A330-300, into the fleet this morning with a ceremony at Hong Kong International Airport to mark its arrival. On board the delivery flight from the Airbus facility in France were The Honourable Rafael Hui, Chief Secretary for Administration of the Hong Kong SAR Government, and Cathay Pacific Chief Executive Philip Chen.

To celebrate this landmark in Cathay Pacific’s continuous expansion, the airline arranged for the delivery party to be welcomed by cabin crew and airport staff in the vintage uniforms that are being worn in celebration of its 60th anniversary this year. Also present were a group of members of the Cathay Pacific “I Can Fly” programme that fosters an aviation interest and a deeper community spirit among young Hong Kong people.

A special moment at the ceremony was when the new Airbus A330-300, named “Progress Hong Kong”, came face to face with a DC3 aircraft that has been turned into a replica of “Niki”, Cathay Pacific’s second aircraft from 1946. The old aircraft has been lovingly restored in the airline’s second livery from the late 1940s and will soon go on display outside the company’s headquarters. Among those present at the ceremony was Captain Charles “Chic” Eather, 86, who piloted the original Niki soon after the airline was founded.

Cathay Pacific Chief Executive Philip Chen said: “This is a very proud moment for Cathay Pacific – and Hong Kong – as we welcome our 100th aircraft into the fleet. Having the ‘New Niki’ here together with our new delivery highlights how, from modest beginnings, we have grown into a world-class carrier. Our 100th aircraft is a symbol of both our recent expansion and also our future growth as we continue to work to develop Hong Kong as a leading international aviation hub.”
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Old September 4th, 2006, 07:42 AM   #748
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By "Samuel Lam" from HKADB -
B-LAD CX 111 Landed Sydney International Airport @ 2 Sept 2006 6:32am

@ Gate 32





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Old September 7th, 2006, 07:41 AM   #749
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Vintage aircraft brings the past alive at Cathay Pacific headquarters in airline's 60th anniversary year
4 September 2006
Corporate Press Release







Cathay Pacific Airways has a new symbol to mark six decades of serving Hong Kong in the shape of a classic DC3 aircraft that now stands proud outside its headquarters complex, Cathay Pacific City.

The DC3, an exact replica of the airline’s second aircraft, Niki, has been painted in the second Cathay Pacific livery from the late 1940s. Niki became the sister to the airline’s famous first aircraft, Betsy, soon after the airline commenced operations in 1946.

The original Betsy already resides in Hong Kong, taking pride of place in the Hong Kong Science Museum in Tsim Sha Tsui East, so the airline decided to produce a replica of the second member of its fleet for its 60th anniversary celebration this year. An old DC3 was purchased in the Philippines and teams from Cathay Pacific’s Engineering Department and maintenance provider HAECO worked to lovingly restore it in Cathay Pacific colours.

The “New Niki” was rolled out for the first time at the event to mark the arrival of Cathay Pacific’s 100th aircraft at Hong Kong International Airport on 30 August. It will go on permanent display outside the airline’s HQ, though it can be moved for use at special events.

Cathay Pacific Engineering Director Derek Cridland said: “We wanted to do something special to mark our 60th anniversary, and the replica of Niki certainly helps to bring the past alive. Having the aircraft standing outside our headquarters will remind people about the airline’s modest beginnings and how it has grown over 60 years to became a highly regarded international carrier. My sincere thanks go to the staff who worked hard to make this project happen.”
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Old September 10th, 2006, 05:18 PM   #750
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cool. some day, i will have to try CP, their air fares are usually more pricey than singapore airlines. but CP do go to destinations that singapore airlines don't.
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Old September 12th, 2006, 11:59 AM   #751
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Cathay Pacific Releases August 2006 Traffic Figures

12 September 2006


Cathay Pacific Airways today released traffic figures for August that show passenger growth keeping ahead of the airline’s increase in capacity over the summer peak period.


Last month the airline carried a total of 1,488,507 passengers, up 5.2% on August 2005. The passenger load factor was up by 1.3 percentage points to 83.1% while capacity, measured in available seat kilometres, was up 3.9%. Figures for the year to date show passenger numbers up 9.4% and capacity up 9.3% over the corresponding period in 2005.


The amount of cargo carried by the airline in August was 94,987 tonnes, a 0.5% gain on the same month last year. Capacity, measured in available cargo/mail tonne kilometres, rose by 0.7% over August 2005. The cargo load factor for the month rose by 1.5 percentage points to 65.8%.


Cathay Pacific General Manager Revenue Management, Sales & Distribution Ian Shiu said: "The strong start to the peak season we saw in June and July continued through August with a high load factor and an expected strong demand in the back end as people took summer holidays. Interestingly, business traffic during this holiday period has been much more substantial than last year, giving a welcome boost to yield."


Cathay Pacific Director & General Manager Cargo Ron Mathison said: "Demand out of Hong Kong and China remained high in August, and our load factor held up despite the holiday season beginning in key markets such as Europe. We added an extra flight to Dallas and Atlanta at the beginning of the month, taking advantage of the strong demand we’ve seen on that route since it launched late last year."
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Old September 13th, 2006, 07:10 AM   #752
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Cathay pioneer, 86, still passionate about flying
11 September 2006
South China Morning Post

Former pilot Charles "Chic" Eather watched Hong Kong grow from the turbulence of the post-war era into one of the world's great metropolises from a unique perspective - above.

A self-assured man of 86, his brain as sharp as when he was required to dodge traffic, people and the occasional "honey cart" at the primitive Kai Tak airport before the Japanese upgraded it during the war. Mr Eather is the last surviving member of the collective that spawned Cathay Pacific.

The company flew him up last week from his retirement on Australia's Gold Coast for the arrival of its 100th aircraft because he flew the second one, a "beautiful" DC3.

Maybe the company also wanted his passion to rub off on some of the 2,000 pilots now employed by the airline, who are more immune to the risks he used to have to take.

"Aviation in those days was all risk. Every trip something would happen. It is so much more sophisticated today that you rarely hear of problems, and there are thousands of aircraft in the air," he said.

"It's safer than crossing the road in Wan Chai now, which is impossible."

But Mr Eather plays down the differences between the times. "It wasn't harder to fly the planes, just different. The best way of putting it is the pilots of today would have trouble flying the aircraft of the past but I would have a lot more trouble flying the aircraft of today, so everything is relative."

Mr Eather believes he was lucky to get a job after the war because there were thousands of unemployed pilots and only a handful of jobs. But his skills in aviation allowed him to soar above his peers and secure a job with a small Hong Kong operative.

In 1946, the company was called Roy Farrell Import-Export, later to be bought out by John Swire & Sons and eventually became Cathay Pacific.

Mr Eather's first cargo out of Sydney was not people, but belts, women's swimming costumes and tennis balls among other things, in a 36-hour odyssey to Hong Kong and then Shanghai, because there were no ships running just after the end of the war.

In Shanghai, he had to land and take off in ice and snow, something be had never done before.

But Sydney to Hong Kong and back again, twice a week, was what the keen young pilot was employed to do. For 128 hours in the air, he earned US$400 a month.

"But what they didn't know was that this was a job I was in love with and would have done for nothing," he said.

"The landings were all hairy. This was the airport before the upgrade and there was no real radio to speak of. We would have to take off in typhoons and fly the planes to Manila - six hours in those days - because there were no hangars for the aircraft."

The company grew as Hong Kong grew - quickly - and so passed Mr Eather's career.

Apart from a stint flying for the Union of Burma Airways during the civil war there in the early 1950s, he flew the rest of his career with Cathay Pacific, completing 25,000 flying hours.

The tears flowed as he came in to land at Hong Kong for one last time in 1975. "It was a life I loved and it was hard to say goodbye," he said.
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Old September 23rd, 2006, 07:14 AM   #753
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Cathay unveils new seats!!!

Cathay Pacific has just unveiled new seats for both first, business, and economy. Hope you enjoy it.

The First Class, is like a mini suite.
The Business class is similiar to AC's.
The Economy Class is somewhat a bit different from what is offered now!

http://www.cathaypacific.com/cpa/en_...iewthenewseats

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Old September 23rd, 2006, 08:11 AM   #754
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I must say, that's quite impressive. Now I wanna fly CX first class on a long-haul flight.
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Old September 23rd, 2006, 06:17 PM   #755
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Finally ... I was waiting for the lie-flat seats in J class.
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Old September 24th, 2006, 03:23 AM   #756
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If you guys click on the "Please click here for more photographs." at
http://www.cathaypacific.com/cpa/en_...0010d21c39____
the photos include full-resolution picture of the business class seat, and economy seat. I personally found the headrest area for economy seat VERY weird. The plastic just give a very cheap feel to it.
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Old September 24th, 2006, 03:28 AM   #757
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I want now.
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>> Minneapolis | Manila | Cebu
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Old September 24th, 2006, 04:54 AM   #758
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I'd love to see how SQ reacts......I think CX could have done a better job for the 1st class cabin. Their J seats are a huge improvement, but it seems to boxes, and it will be very narrow around the feet area for those who are tall. However, CX really impressed me in Y class. It looks like more thought and effort was put into changing the Y seats then anything else, which is a very nice thought considering most people travel Y. Only time will tell if this new Y seat will be a hit or not, but I am surely willing to try
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Old September 24th, 2006, 05:46 PM   #759
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Quote:
Originally Posted by Bertez
I'd love to see how SQ reacts......I think CX could have done a better job for the 1st class cabin. Their J seats are a huge improvement, but it seems to boxes, and it will be very narrow around the feet area for those who are tall. However, CX really impressed me in Y class. It looks like more thought and effort was put into changing the Y seats then anything else, which is a very nice thought considering most people travel Y. Only time will tell if this new Y seat will be a hit or not, but I am surely willing to try

SQ has in its plan to unveil the new F/J/Y products along with its 380. Since the delay of 380, the launch has been delayed as well. The new 777-300ER for SQ will actually have the new F, J and Y products installed already and it seems that SQ will finally launch its new F, J and Y products without waiting for its 380 (SQ's 380 will have a different F class again from the one installed for 777-300ER) - I have heard that the new products will be unveiled before the end of October. If the new 777-300ER will have the new products, then SQ will beat CX in having the new products first since CX will not start installing these new products before January 2007.
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Old September 24th, 2006, 05:47 PM   #760
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Quote:
Originally Posted by Bertez
I'd love to see how SQ reacts......I think CX could have done a better job for the 1st class cabin. Their J seats are a huge improvement, but it seems to boxes, and it will be very narrow around the feet area for those who are tall. However, CX really impressed me in Y class. It looks like more thought and effort was put into changing the Y seats then anything else, which is a very nice thought considering most people travel Y. Only time will tell if this new Y seat will be a hit or not, but I am surely willing to try

SQ has in its plan to unveil the new F/J/Y products along with its 380. Since the delay of 380, the launch has been delayed as well. The new 777-300ER for SQ will actually have the new F, J and Y products installed already and it seems that SQ will finally launch its new F, J and Y products without waiting for its 380 (SQ's 380 will have a different F class again from the one installed for 777-300ER) - I have heard that the new products will be unveiled before the end of October. If the new 777-300ER will have the new products, then SQ will beat CX in having the new products first since CX will not start installing these new products before January 2007.

These new CX seats are cool by the way. Love the Y seats.
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