LONDON – According to a report from Bloomberg, Greater Bay Airlines is considering placing a $1.8bn aircraft order with either Airbus or Boeing.
The carrier is currently awaiting final approval from the authorities to operate flights out of Hong Kong.
Whilst such approval is being waited for, Bloomberg is reporting the carrier is either going to go for the Boeing 737 MAX 10 or the Airbus A321neo in its future order.
Whilst Boeing and Airbus have declined to comment on this, Greater Bay Airlines did.
“We shall continue to revisit our aircraft needs to match with customer needs and our expansion strategy under the dynamic market conditions,” Jodie Lai, head of marketing at Greater Bay Airlines, said by email.
Greater Bay Airlines began operations in October on a charter and cargo license with Boeing 737-800s exclusively for the time being.
It expects to receive 10 of the type this year and will have 30 in service by 2026, and is awaiting approval for commercial flights.
Such approval for Greater Bay Airlines would pose a competitive threat to Cathay Pacific, as the legacy carrier acquired HK Express, leaving open a particular gap to thrive.