Swire Group

Swire Group, whose activities span property, aviation, beverages, marine services, and trading and industrial, is a Hong Kong listed conglomerate. It is the parent of Hong Kong carrier, Cathay Pacific Airways, and Dragonair, and Hong Kong Aircraft Engineering Co (Haeco) is a subsidiary. Swire Pacific and Swire Properties are the main listed arms of the group, which also owns Swire Hotels. 

Swire says Cathay Pacific’s results ‘adversely affected’ by competition for passengers, high fuel costs and hedging miscalculations

Swire Pacific issues profit warning, says Cathay faces headwinds

Hong Kong-listed conglomerate Swire Pacific issued a profit warning Thursday, its second in 10 years, saying the operating environment of its aviation unit Cathay Pacific Airways remained tough in the second half owing to strong competition.