Cathay to Buy Hong Kong's Only Budget Carrier, SCMP Reports
A Hong Kong Express Airways Ltd. aircraft taxis past another aircraft operated by the airline at Hong Kong International Airport in Hong Kong, China. (Photographer: Paul Yeung/Bloomberg)

Cathay to Buy Hong Kong's Only Budget Carrier, SCMP Reports

(Bloomberg) -- Cathay Pacific Airways Ltd. agreed to buy Hong Kong’s only budget carrier to expand into the no-frills market, the South China Morning Post said, citing sources familiar with the mat...
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