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Cathay Pacific is one of the alliance's founding members. Oneworld was unveiled by its founding members, American Airlines, British Airways, Canadian Airlines International, Cathay Pacific and Qantas at a press conference in London, United Kingdom, on 21 September 1998. Oneworld was officially launched and became operational on 1 February 1999.
Cathay Pacific was founded on 24 September 1946 by Australian Sydney H. de Kantzow and American Roy C. Farrell. The airline celebrated its 70th anniversary in 2016. As of March 2024, its major shareholders are Swire Pacific with a 45% stake, Air China with 30% and Qatar Airways with 9.9%. Cathay Pacific is one of the founding members of Oneworld.
It was also one of the founding members of the Oneworld airline alliance, along with American Airlines, British Airways, Cathay Pacific and Qantas. The plan started off well but with the effects of the 1997 Asian financial crisis, air traffic decreased and Canadian suffered heavy losses on previously profitable trans-Pacific routes.
Benefits can consist of an extended network, often realised through codeshare agreements.Many alliances started as only codeshare networks. Cost reductions come from sharing operation facilities (e.g. catering or computer systems), operation staff (e.g. ground handling personnel, at check-in and boarding desks), investments and purchases (e.g. in order to negotiate extra volume discounts). [6]
Other than Asia Miles, Cathay Pacific also owns the Marco Polo Club, a four-tiered paid frequent-flyer program for Cathay Pacific and Oneworld member airlines flights. Marco Polo Club members are automatically enrolled as members of Asia Miles. [3] As of 2020, the program has over 11 million members and over 800 programme partners worldwide. [4]
Business Weekly, a local Taiwanese business magazine, indicate that Cathay Pacific, one of the founding members of Oneworld whose destinations overlaps with Starlux Airlines, is the main possible obstacle of its application. [35] On 16 September 2024, Starlux announced that it plans to apply to join the Oneworld alliance by the end of 2025. [36]
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.
Frequent-flyer programs (or Frequent-flyer programmes) are customer loyalty programs used by many passenger airlines.This is a list of current airlines with frequent-flyer programs, the names of those programs and partner programs (excluding earn-only, spend-only and codeshare arrangements).
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