Cathay Pacific intents to acquire Hong Kong Express for US$628 million
Hong Kong-headquartered Cathay Pacific has announced its intention to acquire 100% of low-cost carrier Hong Kong Express (HKE), though HKE’s chairman and major shareholder, Zhong Guosong, is in the process of launching legal action in a bid to stop the sale. If successful, Cathay Pacific will own three of the four airlines operating out of […]
Cathay Pacific intents to acquire Hong Kong Express for US$628 million Read More »