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New Cathay chief to turn carrier around amid bloated costs, new rivals

Hong Kong's marquee airline has hit an air pocket despite the booming travel demand in the region

Published Sun, Apr 30, 2017 · 09:50 PM

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    Beijing

    FRIENDS and executives clinked their champagne flutes for Rupert Hogg on April 21 at a sky lounge offering a view of Hong Kong's Victoria Harbour, wishing him success as he assumes the CEO role on May 1 at Cathay Pacific Airways.

    A can of Red Bull might have been more appropriate. The 55-year-old veteran executive with the Swire Group, the Hong Kong conglomerate and Cathay's largest shareholder, is about to take on one of the toughest turnaround jobs in Asian commercial aviation.

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