Cathay Pacific Airways announced a HK$2.3 billion profit for last year. Photo: Winson Wong
SCMP Editorial
Opinion

Opinion

Editorial by SCMP Editorial

Hopes of Hong Kong also ride with Cathay Pacific

  • Following lay-offs and other money-saving measures two years ago, the city’s flagship carrier has climbed into profit and struck a deal to finally enter the budget airline sector by acquiring HK Express

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Cathay Pacific Airways announced a HK$2.3 billion profit for last year. Photo: Winson Wong
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HK Express is the city’s only budget airline. Photo: Sam Tsang

It took 16 years but Hong Kong’s Cathay Pacific has realised the benefits of having a low-cost carrier

  • After repeatedly resisting the growth of the sector and trying to stymie low-cost rivals, airline has taken the plunge with its acquisition of HK Express
Topic |   Cathay Pacific

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HK Express is the city’s only budget airline. Photo: Sam Tsang
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