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Boeing delivers 747-8 to Cathay Pacific

November 1, 2011

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CHICAGO—Boeing Co. said on Tuesday that it delivered one of its new 747-8 freighters to Cathay Pacific Airways.

The Hong Kong-based airline has 10 of the new superjumbo freighters on order with Boeing.

Boeing delivered the first of the new 747-8s to Cargolux last month. It is longer and more fuel-efficient than the older versions of the 747 that it replaces. Boeing also plans a passenger version of the 747-8.

Boeing shares fell $2.67, or 4.1 percent, to $63.12 in afternoon trading amid a broad market decline.