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Cathay Pacific to buy budget airline HK Express for $628 million

Mar 27, 2019 - 1:10 PM

With the acquisition, Cathay Pacific would be in control of 3 of the 4 airlines in Hong Kong

(FILES) In this file photo taken on March 13, 2019, a Hong Kong Express passenger plane takes off from Hong Kong's international airport. - Hong Kong flag carrier Cathay Pacific announced on March 27, 2019 it will buy budget airline HK Express for 628.15 million USD. (Photo by Anthony WALLACE / AFP)