Cathay Pacific and Dragonair
On 28 September 2006 Cathay Pacific signed an agreement that brought Dragonair into the Cathay Pacific Group as a wholly owned subsidiary. At the same time Cathay Pacific established a closer relationship with Air China, with each airline taking a 17.5% stake in the other.
The Dragonair deal - signed in the year we celebrated 60 years of serving Hong Kong - created real synergies by bringing together our international network with Dragonair’s extensive network of more than 20 cities in Mainland China.
Work began straight away to better align the two carriers' networks and reduce connecting times in the Hong Kong hub. Supported by Cathay Pacific's strong international connections, Dragonair has strengthened most of its services and added a total eight new regional destinations since the integration, providing passengers with more choice and boosting Hong Kong’s hub role.
