Cathay to become Air China??
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Join Date: May 2012
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The report adds that Cathay Pacific and Air China could finally merge because of their growing linkages. Cathay already owns 18 percent of Air China and Air China has a 35 percent stake in Cathay. The two also set up an air cargo joint venture in 2011 and a ground-handling joint venture this year.
"We maintain our thesis that the end-game could be a merger between Air China and Cathay Pacific," Citi said, adding however that it could be a long way off
Its already been decided apparently.
The new logo will reflect a combination of the two airlines' names:
Air China Cathay - A Hairy China Cat
http://www.redkemp.com/wp-content/up...na_redkemp.jpg
"We maintain our thesis that the end-game could be a merger between Air China and Cathay Pacific," Citi said, adding however that it could be a long way off
Its already been decided apparently.
The new logo will reflect a combination of the two airlines' names:
Air China Cathay - A Hairy China Cat
http://www.redkemp.com/wp-content/up...na_redkemp.jpg
