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Cathay Orders Boeing Freighters

Stock quotes in this article: BA  

Cathay Pacific Airways has ordered six 747 extended-range freighters from Boeing (BA Quote), continuing the recent streak of good news for the Chicago-based planemaker.

The aircraft are scheduled to arrive between May 2008 and April 2009. Hong Kong's Cathay Pacific currently operates 97 planes, 14 of which are freighters.

Separately, Boeing said it received a $46 million contract from the U.S. Air Force to continue providing combat-instructor services for fighter jets. The contract covers classroom, one-on-one and training-device instruction and will involve the F-15C, F-15E, F-16 and F-22A fighters. ...

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