Articles tagged “hong kong express”

Cathay Takes the Helm at Hong Kong Express Airways

Cathay Takes the Helm at Hong Kong Express Airways

Bloomberg News

Cathay says HK Express will remain a standalone low-cost airline, but it has put a longtime Cathay executive, Ronald Lam, in as its chief in one of its most strategic buys.

2 months ago

Cathay Pacific Pays $287 Million to Join Low-Cost Market

Cathay Pacific Pays $287 Million to Join Low-Cost Market

Kyunghee Park, Bloomberg

It's a couple of years late but at least Cathay Pacific has finally recognized the need to get into the budget segment.

6 months ago

Behind Cathay’s Change of Heart About Budget Airlines

Behind Cathay’s Change of Heart About Budget Airlines

David Fickling, Bloomberg

Air tickets aren’t worth what they used to be. Cathay Pacific realizes this, as sales of ancillaries contribute more and more to its bottom line. That sure has softened its heart about budget airlines and ignites its pursuit of Hong Kong Express.

6 months ago

Why Cathay Pacific Now Wants a Piece of the Low-Cost Market

Why Cathay Pacific Now Wants a Piece of the Low-Cost Market

Kyunghee Park and Natalie Lung, Bloomberg

To paraphrase economist John Maynard Keynes, when the facts change, you've got to be prepared to change your mind.

6 months ago