: 36–37 Its first commercial flight was a shipment of Australian goods. : 29 The company began freight services on 28 January 1950 from Sydney to Shanghai, after Farrell and Russell flew the plane to Australia and obtained a licence to carry freight (but not passengers) earlier that month. Farrell purchased the airline's first aircraft, a Douglas DC-3, nicknamed Betsy, at Bush Field, New York City in 1945. Both de Kantzow and Farrell were Ex-Air Force pilots who had flown The Hump, a route over the Himalayan mountains. Buchanan and Russell had already worked for de Kantzow and Farrell at Roy Farrell Import-Export Company, the predecessor of Cathay Pacific, that was initially headquartered in Shanghai. Sydney "Syd" de Kantzow, Roy Farrell, Neil Buchanan, Donald Brittan Evans and Robert "Bob" Stanley Russell were the initial shareholders. Niki, a DC-3 painted to imitate the appearance of the carrier's second aircraft, outside Cathay CityĬathay Pacific Airways was founded on 24 September 1946 in Hong Kong. It is one of the founding members of Oneworld alliance. In 2010, Cathay Pacific became the world's largest international cargo airline, along with main hub Hong Kong International Airport as the world's busiest airport measured by cargo traffic.
The airline celebrated its 70th anniversary in 2016 and as of March 2021, its major shareholders are Swire Pacific, with a 42.3% stake and Air China, with a 28.2% stake.Ĭathay Pacific is the world's fifth largest airline measured by sales, and fourteenth largest measured by market capitalisation. The airline was founded on 24 September 1946 by Australian Sydney H. In 2010, Cathay Pacific and Cathay Pacific Cargo (then Cathay Cargo), together with Dragonair (then Cathay Dragon), carried nearly 27 million passengers and over 1.8 million tons of cargo and mail. Defunct wholly-owned subsidiary airline Cathay Dragon, which ceased operations in 2020, previously flew to 44 destinations in the Asia-Pacific region from its Hong Kong base. Cathay Cargo operates two models of the Boeing 747. Cathay Pacific operates a fleet consisting of Airbus A321, Airbus A321neo, Airbus A330, Airbus A350, and Boeing 777 aircraft. The airline's operations and subsidiaries have scheduled passenger and cargo services to over 190 destinations and present in more than 60 countries worldwide including codeshares and joint ventures. Cathay Pacific Airways LimitedĬathay Pacific Airways Limited (CPA), more widely known as Cathay Pacific ( Chinese: 國泰航空), is the flag carrier of Hong Kong, with its head office and main hub located at Hong Kong International Airport. Cathay City, the corporate headquarters of Cathay Pacific.
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