Originally Posted by
garykung
CX lost money because of being a gambling addict - fuel hedging.
...
For starter, when CX decides not to merge the DragonAir brand into Cathay Pacific but rename it to Cathay Dragon, it is, at least, to CX that, they are different.
It likely has to do with separate operating costs. Regardless, this isn't like AF/KL where each has a distinct brand/service from each other. Both CX And Dragon air offer same service. You get same ground and in air service (other than seat type). The only difference seems to be cost/revenue with Dragon optimized for the short/med haul and CX for long to ultra-long haul.