HISTORY: CATHAY PACIFIC is the flag carrier of Hong Kong, with its head office and main hub located at Hong Kong International Airport. Was founded as "Roy Farrell Export-Import Co., Ltd" in Shanghai in January 1946 by Australian Sydney de Kantzow and American Roy Farrell. Farrell and de Kantzow re-registered their business in Hong Kong on September 24 ,1946 as "Cathay Pacific". In 1948 Butterfield & Swire (now known as Swire Group) bought 45% of Cathay Pacific, with Australian National Airways taking 35% and Farrell and de Kantzow taking 10% each. The new company began operations on 1 July 1948 and was registered as Cathay Pacific (1948) Ltd on 18 October 1948. Swire later acquired 52% of Cathay Pacific and today the airline is still 45% owned by the Swire Group through Swire Pacific Limited.
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