Hong Kong flag carrier Cathay Pacific Airways has not ruled out establishing an LCC unit, although such a move would be very unlikely in the short-term, CEO Rupert Hogg said. While many other Asian airline groups have set up their own LCC subsidiaries, Cathay has so far elected not to take such a step. The carrier operates the Cathay Dragon subsidiary, but this is a full-service narrowbody carrier rather than a different business model. Hogg reiterated previous statements that Cathay has ...

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