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  • Christopher Pratt, chairman of Cathay Pacific Airways Limited, attends a company announcement in Hong Kong Wednesday, March 9, 2011. The airline company is ordering 27 new Airbus and Boeing jets to expand services, especially in Asia, and says profits tripled. (AP Photo/Kin Cheung)

    H.K.'s Cathay adds 27 Boeing, Airbus jets to fleet

    Cathay Pacific Airways is ordering 27 new Airbus and Boeing jets to expand services after profit tripled last year to a record.

  • Iraqi Ambassador to the U.S. Samir Sumaida'ie says Iraqi Airways' $5.5 billion order for Boeing airplanes is a clear sign that Iraq is taking on some of the costs of its reconstruction.

    Airline deal with Boeing boosts Iraq

    Iraqi Airways, nearly grounded by decades of mismanagement and economic sanctions under the regime of Saddam Hussein, is back on the runway with a multibillion-dollar order for a fleet of new Boeing passenger planes to service domestic routes and reclaim a share of the increasingly lucrative Middle East market.

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