Cathay Pacific Airways completed its acquisition of Dragonair and also the shareholding realignment involving Cathay, Air China, China National Aviation Company, CITIC Pacific and Swire Pacific. Dragonair is now a wholly owned subsidiary of Cathay but retains its brand and market position. After years of an often testy relationship, Cathay said it intends to begin immediately to "maximize the synergies and opportunities of its international network" with Dragonair's China network of 22 ...

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