Tag: Hong Kong Express

Cathay Pacific to Enter Budget Airlines Market: Buys HK Express

Reading Time: < 1 minute Cathay Pacific, the flag carrier of Hong Kong, announced buying a Hong Kong-based low-cost airline Hong Kong Express from Chinese conglomerate HNA Group for $628 million. This way Cathay Pacific is set to enter the low-cost airlines market. Under the agreement, premium airline of Hong Kong will pay $286 million for the carrier and will […]