Ads
related to: cathay pacific one world alliance members globalfarecompare.com has been visited by 10K+ users in the past month
- Check Today's Best Deals
Save Big on your Next Vacation
Book Online Today & Save Up to 25%
- Fare Alerts
When Fares Prices Change,
You Will Be In The Know!
- Car Rental Offers 2019
Compare & Get the Lowest Prices Now
Book Your Stay Today - Upto 35% Off
- Car Rental Offers
Compare & Get the Lowest Prices Now
Book Your Stay Today
- Check Today's Best Deals
save70.com has been visited by 100K+ users in the past month
Search results
Results from the WOW.Com Content Network
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.
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]
On 11 June 2012, SriLankan Airlines was announced as Oneworld's latest member-elect, on the sidelines of the IATA World Air Transport Summit in Beijing. Cathay Pacific served as SriLankan Airlines' sponsor through its alliance implementation program.
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.
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.
Ads
related to: cathay pacific one world alliance members globalfarecompare.com has been visited by 10K+ users in the past month
save70.com has been visited by 100K+ users in the past month