Change in the air
New opportunities, and bigger threats, for Cathay Pacific
LAST weekend, negotiators from America and Hong Kong finally concluded three years of tortuous talks by partially liberalising aviation between the two. For Cathay Pacific, Hong Kong's de facto flag carrier, that makes the skies over the Pacific a bit clearer. It can now fly to any American city, and it can share flight codes with American Airlines for onward journeys. But Cathay has yet to solve a far trickier puzzle: getting privileges to fly around in what is now its own country, China.
This article appeared in the Business section of the print edition under the headline “Change in the air”
From the October 26th 2002 edition
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