Originally Posted by
CS300
Do you realize that these airlines are joint ventures with local partners as the majority owner to meet ownership rules?
Cathay won't be able to set up an airline in a foreign country without a local partner holding the majority of shares.
and... is Swire unable to do that?
Cathay is already essentially a joint partner of Air China. The point was, they can.
Will they? I wouldn’t think so. They aren’t that fluid, they can’t pivot; stuck in Swire management from 100 years ago.