If the acquisition of HK Express goes through, Cathay Pacific would control three of Hong Kong’s four passenger airlines. Photo: BloombergIf the acquisition of HK Express goes through, Cathay Pacific would control three of Hong Kong’s four passenger airlines. Photo: Bloomberg
If the acquisition of HK Express goes through, Cathay Pacific would control three of Hong Kong’s four passenger airlines. Photo: Bloomberg

Cathay Pacific agrees deal to take over budget airline HK Express, sources say

  • The city’s biggest carrier is set to make a formal announcement as early as Tuesday
  • The acquisition would leave Cathay Pacific in control of three of Hong Kong’s four airlines

Topic |   Cathay Pacific
If the acquisition of HK Express goes through, Cathay Pacific would control three of Hong Kong’s four passenger airlines. Photo: BloombergIf the acquisition of HK Express goes through, Cathay Pacific would control three of Hong Kong’s four passenger airlines. Photo: Bloomberg
If the acquisition of HK Express goes through, Cathay Pacific would control three of Hong Kong’s four passenger airlines. Photo: Bloomberg
READ FULL ARTICLE