Cathay Pacific completes acquisition of Hong Kong Express Airways

posted on 22nd July 2019 by Justin Burns
Cathay Pacific completes acquisition of Hong Kong Express Airways

Cathay Pacific has completed the acquisition of low-cost carrier Hong Kong Express Airways (HK Express) and HK Express is now a wholly owned subsidiary of Cathay Pacific.

Cathay Pacific Cargo has been appointed as the general sales and service agent (GSSA) for all HK Express cargo activities across its entire network effective 1 September 2019.

HK Express will continue to operate as usual and will work closely with Hong Kong Air Cargo Carrier Limited (RH), the incumbent cargo GSSA for HK Express, to ensure a smooth transition.

HK Express has a fleet of 24 narrow-body aircraft covering regional routes between Hong Kong and Japan, Korea, Southeast Asia, mainland China and Taiwan. The combined cargo network of Cathay Pacific, Cathay Dragon and HK Express will progressively offer more choices to our customers.

Cathay Pacific chief executive officer and HK Express chairman, Rupert Hogg said: “We are very excited to welcome HK Express into the group. We strongly believe that the acquisition is good for the customers, good for HK Express, good for the Cathay Pacific Group, and good for the development of Hong Kong as a global aviation hub.”