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Hong Kong flag carrier Cathay Pacific announced on Wednesday that it will buy budget airline HK Express for US$628.15 million, as it moves to counter competition from the increasing number of low-cost carriers in the region.
The Hong Kong Federation of Trade Unions on Friday called on Cathay Pacific (0293.HK) to put an end to what it described as “white terror,” following the dismissal of Rebecca Sy, the head of
Hong Kong’s Cathay Pacific Airways Ltd on Friday lowered its expectations for full-year profit as a result of “incredibly challenging” conditions in its home market that were expected to persist for the rest of 2019.
Hong Kong’s Airport Authority has cancelled all flights not yet checked in by Monday afternoon, the agency said, as anti-government protesters peacefully demonstrated