The most valuable flight rights owned by KA are PEK, PVG and SHA. 3th/4th freedom to all other Mainland airports are not limited.

But please also notice that these three airports are also slot-constrained. No more new slots will be allocated in PEK and SHA and slots in PVG are highly limited. Normally it is allowed to transfer slots to another airline under the same parent group. It seems no difficultity for CX to get airport slots owned by KA, but HX and Great Bay Airline are not likely to get new slots.

Even if not all the flight rights previously owned by KA are allocated to CX but to HX or Great Bay Airline, since they do not have slots of PEK/PVG/SHA, they still cannot compete with CX, or HKCAD will reject their application since they do not have any new slots in PEK/PVG/SHA.