Cathay Pacific and became a successful businessman. Swire later acquired 52% of Cathay Pacific Airways. , the airline is still 45% owned by Swire Group through its subsidiary Swire Pacific Limited, as the largest shareholder. However, Swire Group also formed a shareholders' agreement with the second largest shareholder Air China (which was controlled by state-owned China National Aviation Holding), which Cathay Pacific and Air China had a cross ownership. In the late 1940s, the Hong Kong government divided the local aviation market between Cathay Pacific and its only local competitor, the Jardine Matheson-owned Hong Kong Airways: Cathay Pacific was allocated routes to
Cathay Organisation Cinema at City Square in Johor Bahru, Malaysia in 2000. Over in Singapore, Cathay received license from the Singapore Broadcasting Authority to operate video-on demand service in Singapore from June 2001. The company also launched its automated phone booking system for movie tickets while Cathay Cineplex Cineleisure Orchard underwent a facelift. Cathay Cineplexes became the first cineplex operator in Singapore to achieve ISO 9002 certification. That same year, the Cathay Building on Handy Road closed for re-development. The following year, Cathay Cineplexes launched it e-Ticketing facility on its website for customers to purchase movie tickets online. Cathay Bowl opened 24