Cathay Pacific has completed its acquisition of low-cost rival HK Express and is moving quickly to integrate the airline as a wholly-owned subsidiary. “All the past is a prelude!” former HK Express president Louis Li wrote in Chinese on a July 20 LinkedIn post accompanied by a photo of HK Express aircraft. Cathay Dragon’s CEO is Algernon Yau, but Yau is also director service delivery of Cathay Pacific. HK Express’ current office is nearby but its floor is shared with Hong Kong Airlines without any divider between them. Cathay’s Asia Miles loyalty programme is expected to takeover HK Express’ Reward-U loyalty programme while HK Express’ holiday arm U-Fly Holidays is expected to be folded into Cathay Pacific Holidays.

Source: Forbes July 21, 2019 16:10 UTC