Cathay Pacific in talks to buy stake in low-cost airline
Cathay Pacific faces stiff competition from budget rivals on the mainland. – EPA pic, March 6, 2019.
CATHAY Pacific confirmed yesterday it is in talks to buy a stake in Hong Kong’s sole low-cost airline, as it competes to counter the growth of budget carriers in the region.Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
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