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Cathay Dragon is a wholly-owned subsidiary of Hong Kong's flag carrier, Cathay Pacific, and was an affiliate member of the Oneworld airline alliance. The airline was founded on 24 May 1985, by Chao Kuang Piu , who was most recently the airline's honorary chairman.
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Cathay Dragon was a wholly owned subsidiary and the regional wing of Cathay Pacific, [3] concentrating on destinations in the People's Republic of China and within Asia, while its parent operated a worldwide network to destinations in the Asia-Pacific, Europe, North America and Africa.
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China's aviation regulator may make it difficult for Hong Kong's Cathay Pacific Airways Ltd <0293.HK> to merge regional arm Cathay Dragon into its main brand because of infractions during last ...
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On 27 March 2019, Cathay Pacific agreed to take over HK Express for HK$4.93 billion (US$628 million), with the transaction to close by the end of 2019. At the time, HK Express operated 23 Airbus A320 aircraft on 25 routes from Hong Kong to Japan and Southeast Asia with a net asset value of HK$1.12 billion, while the airline recorded a profit of ...
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