Cathay buys HK Express, will operate it as low-cost carrier

In this March 26, 2019 photo, a Hong Kong Express Airways passenger aircraft takes off from at the Hong Kong International Airport. Cathay Pacific Airways is acquiring Hong Kong-based budget airline HK Express. Cathay said Wednesday, March 27, 2019, it will pay 4.93 billion Hong Kong dollars ($628 million) for HK Express.


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