[HONG KONG] Cathay Pacific's purchase of rival HK Express was an inevitable plunge into the no-frills market as the premier marque belatedly faces the reality that it can no longer ignore the...

HONG Kong flag carrier Cathay Pacific said on Wednesday that it will buy budget airline HK Express for more than US$600 million as it moves to counter competition from the increasing number of low...

[HONG KONG] Hong Kong flag carrier Cathay Pacific announced on Wednesday it will buy budget airline HK Express for HK$4.93 billion (S$850 million).