HK Cathay Pacific May Passengers +8.8%
By Aries Poon, Dow Jones Newswires | Jun. 12, 2006
'Fuel prices remain a major concern with still no sign of a near-term correction,' Hong Kong's largest airline by revenue also said in the statement, without elaborating.
Cathay Pacific said Friday it plans to acquire full control of 17.8%-owned Hong Kong Dragon Airlines Ltd. for HK$8.22 billion. Cathay has a fleet of 14 dedicated Boeing Co. (BA) 747 freighters.