Cathay Pacific
On 28 September 2006, Cathay Pacific underwent a shareholding realignment under which Dragonair became an owned subsidiary but continued to operate under its brand. In January 2016, Cathay Pacific announced it was rebranding Dragonair as Cathay Dragon. On 21 October 2020, Cathay Pacific announced that it would shut down all operations of Cathay Dragon and merge it with its parent company due to the lack of customers and heavy economic problems brought by the COVID-19 pandemic. This merger marked the end for the subsidiary carrier after 35 years of operation.