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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.
The Association of Asia Pacific Airlines (AAPA), formerly the Orient Airlines Association, [1] is a trade association of major scheduled international airlines based in the Asia-Pacific region. Established in 1966 with headquarters in Makati , Philippines, the association has moved to its present headquarters in Kuala Lumpur , Malaysia. [ 2 ]
As of June 2023, Cathay Pacific serves 81 destinations including seasonal and cargo services, in 29 countries across Asia, Europe, North America and Oceania. [ 1 ] [ 2 ] List
Located on a 797-hectare (1,970-acre) site in Lapu-Lapu City on Mactan, it is the second busiest airport in the Philippines. [3] Opened on April 27, 1966, the airport serves as a hub for Philippine Airlines, and as an operating base for Cebu Pacific, Philippines AirAsia, and Sunlight Air.
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.
There are two main domestic airline groups doing business as Philippine Airlines and Cebu Pacific, with AirAsia Philippines competing on some international routes. The domestic market is dominated by the Cebu Pacific group which has a 53% market share, followed by the Philippine Airlines group which has 31%, followed by AirAsia , having a 16% ...
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