Eneos raises fiscal 2026 profit forecast 48% despite renewables impairment
The Japanese refiner lifted its net profit outlook to 615 billion yen, citing higher crude and overseas petroleum product prices.
Cathay Pacific orders 11 Airbus A330-900 jets at $5.1 billion list price
The airline expects to pay less after discounts and also ordered three A321neo aircraft for its budget subsidiary HK Express.
Cathay Pacific said on November 11 it had ordered 11 Airbus A330-900 aircraft, with deliveries expected from 2031 to 2035. The Hong Kong carrier disclosed a $5.1 billion list price in a stock exchange filing but said substantial discounts from Airbus were expected to reduce the final cost.
The airline said the widebody jets would gradually take over from its current mid-size aircraft, adding capacity for passengers and freight as it expands its regional network. They will mainly fly to Asian destinations, though Cathay said they could be used on longer routes later.
Cathay separately ordered three Airbus A321neo narrowbody jets for HK Express. It said the additional aircraft would support the budget subsidiary's expansion, focused on mainland China and other short-haul destinations. CEO Ronald Lam said the combined 14-aircraft order would modernize the fleet and improve connections through Hong Kong.
Cathay said earlier in 2026 that, subject to favorable market conditions, it aimed to add 150 aircraft over the following 10 years. Those additions would replace existing jets and take its fleet to around 300 aircraft.