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Cathay enters low-cost market with HK Express buy

Wednesday, March 27, 2019 - 01:03

Cathay Pacific Airways has agreed to buy Hong Kong Express Airways from cash-strapped Chinese conglomerate HNA Group for $628 million, giving it a foothold in the fast-growing budget travel market. David Pollard reports.

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Cathay Pacific Airways has agreed to buy Hong Kong Express Airways from cash-strapped Chinese conglomerate HNA Group for $628 million, giving it a foothold in the fast-growing budget travel market. David Pollard reports.

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Cathay enters low-cost market with HK Express buy

Wednesday, March 27, 2019 - 01:03