Background of Cathay Pacific Airways Limited

Cathay Pacific is an international airline registered and based in Hong Kong. It offers scheduled passenger and cargo services to 177 destinations in 40 countries and territories. Cathay Pacific has been making substantial investments, including catering and ground-handling companies and the corporate headquarters at Hong Kong International Airport, aims to develop Hong Kong as one of the world’s leading international aviation centres. Cathay Pacific owns 134 aircraft and another 81 new aircraft in this year for delivery up to 2020. Moreover, the airline opened its own cargo terminal at Hong Kong International Airport in February 2013 which expected to be fully operational by the end of 2013.

Hong Kong Dragon Airlines Limited is regional airline registered and based in Hong Kong. It is a wholly owned subsidiary of Cathay Pacific. It operates 39 aircraft on scheduled services to 45 destinations in Mainland China and other places in Asia. Also, Cathay Pacific partly owns Air China Limited which mainly provides passenger, cargo and airline-related services in Mainland China. Cathay Pacific is also the main shareholder of AHK Air Hong Kong Limited which is an all-cargo carrier offering scheduled services in Asia.

Cathay Pacific and its subsidiaries employ 31,110 people worldwide, where 23,861 staff in Hong Kong includes 14,730 are Cathay Pacific staff. It makes that the Cathay Pacific Group is one of the biggest employers in Hong Kong.

Cathay Pacific currently ranks as the world’s the 19th largest airline by operating revenue. Also, it is ranked as the 14th largest in the world in revenue passenger kilometers and the 7th largest in freight tonne kilometers in 2012.

It is showed that Cathay Pacific is a main airline in Hong Kong which owns a number of subsidiaries for offering scheduled passenger and cargo services worldwide.