Company Watch - Cathay Pacific Airways.Oct 30, 2006 Cathay Pacific Cathay Pacific Airways Limited (HKSE: 0293 ) is an airline based in Hong Kong, operating scheduled passenger and cargo services to over 104 destinations worldwide. It is the flag carrier of Hong Kong with its main base at the Hong Kong International Airport. [1]. Airways will launch a twice-weekly 747-200 freighter service to Beijing on Nov. 15, it announced yesterday. Flights will depart Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. on Wednesdays and Thursdays. CX currently operates 14-times-weekly passenger service to Beijing and a 12-times-weekly cargo service to Shanghai. Oct 26, 2006 Cathay Pacific Airways announced the donation of its 64.7 million shares in China National Aviation Co. to 64 charities in Hong Kong, six in China and one pan-Asian organization under terms of the Hong Kong Takeovers Code that forbids the carrier from exercising its votes in CNAC's privatization privatization: see nationalization. privatization Transfer of government services or assets to the private sector. State-owned assets may be sold to private owners, or statutory restrictions on competition between privately and publicly owned . "During the transaction process we found ourselves facing a difficult regulatory problem which had a very agreeable solution," CX CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Philip Chen said. Cathay said its CNAC CNAC China National Aviation Corporation CNAC Canadian Network for Asthma Care CNAC Cisco Network Admission Control CNAC Car Now Acceptance Company CNAC Center for Naval Analyses Corporation (Alexandria, VA) stake is valued at more than HK$181 million ($23.3 million). Oct 24, 2006 Editor: Aram Gesar, eMail: edit@AirGuideOnline.com For more global news, reviews, features and analysis, please go to: http://www.airguideonline.com/onlinenews.htm To Subscribe to our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com Oct 23, 2006 |
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