<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by milehighj:
given that it is controlled by CX?</font>
KA (Dragonair) is actually not controlled by CX. The two are associated airlines.
Swire Pacific Ltd. is CX's parent company and owns a 7.71% interest in KA. Cathay Pacific Airways Ltd. owns 17.79%. CITIC Pacific owns 29.35%. China National Aviation Company Ltd. is the largest shareholder with 43.29% (CNAC is a listed company). The remaining minority shares are owned by others.
Interestingly, KA participates in JAL Mileage Bank (as well as Asia Miles). KA also has its own FFP.
[This message has been edited by Tintin & Snowy (edited 06-05-2002).]