Member since 12 Feb 2013
Total posts 19
Cathay Pacific Airways will pay HK$4.93 billion (US$628 million) to buy budget carrier HK Express from the HNA Group
Qantas - Qantas Frequent Flyer
Member since 11 Oct 2014
Total posts 378
As an interesting follow-on to Cathay's (CX) purchase of Hong Kong Express, it appears that Qantas (QF) also seriously ran it's numbers over a bid for HKE but decided not to bid, given the potential damage to QF/CX relations that such a purchase would accrue.
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Cathay Pacific to buy HK Express from HNA Group
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