Hainan Airlines buys 51% of CR Airways
This week Hainan bought 51%of CR Airways so that they have access to a HK AOC and the ultimately the HK/China market. They have many new aircraft on the way and plan to base 737 NG's in HK, and plan to take on Dragonair and CX in China.
So now is the time KA management to Act! Lets use our position and go forward and expand and have some direction instead of sitting in the doldrums!
I am heading up the Peak for a beer.....the Peak Tram Driver.