Cathay Pacific says it won't follow Singapore Airlines into budget operations

The Australian, 1 Jun 2011
HONG Kong's Cathay Pacific has no intention of following the lead of fellow full-service carrier Singapore Airlines and starting a low-cost, long-haul subsidiary.
Cathay chief executive John Slosar said yesterday he did not see the airline moving in the same direction as his Singapore-based rival.
He said the Hong Kong airline's key goal was to build up its network and traffic through the Cathay brand and to get repeat traffic from customers. Full story