Apr 2, 2019 SOURCE: AFP
Cathay 'faces reality' with budget airline buy, say analysts
Cathay Pacific's purchase of rival HK Express was an inevitable plunge into the no-frills market as the premier marque belatedly faces the reality that it can no longer ignore the budget sector, analysts say.
Asia's biggest international carrier has historically eschewed the low-cost sector, even as the region's rising middle...
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