Hong Kong at hub of air access fight Cathay Pacific-Air China deal signals competition for lucrative Asian routes

From: International Herald Tribune | Date: October 22, 2004| Author: Keith Bradsher | Copyright information


International Herald Tribune

10-22-2004

Cathay Pacific Airways' pact to buy a stake in Air China has highlighted a struggle across east Asia, and especially in Hong Kong and mainland China, over how vigorously airlines should be allowed to compete with each other on international routes. At stake is the world's fastest-growing regional aviation market, with China at its core. The fight over market access has drawn not only airlines but investment bankers seeking deals a...

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