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 Dragon Cathay Dragon Hong Kong Dragon Airlines Ltd (Chinese: 港龍航空有限公司), operating brand as Cathay Dragon (Chinese: 國泰港龍航空) and previously as Dragonair, is a Hong Kong-based international regional airline, with its corporate headquarters, Cathay Dragon House, and main hub at Hong Kong International Airport. As of 30 October 2013, the airline operates a scheduled passenger network to 47 destinations in 14 countries and territories across Asia. Additionally, the airline has three codeshares on routes served by partner airlines. It has an all Airbus fleet of 48 aircraft, consisting of A320s, A321s and A330s. Cathay Dragon is a wholly owned subsidiary of Hong