Chapter 330

It has always been the character of baozixuan to do whatever he says. Now that he has found a good goal. Then it's time for him to do it. Now baozixuan is going to bring what he wants. Even if you spend more, you don't hesitate. As a businessman, you may not be mature enough, but as a young man, you can't take so much into account.

In 1946, American Roy Farrell and Australian Sydney de kantzow, two former Air Force pilots famous for flying the "Hump" route over the Himalayas, planned to transport urgently needed goods from Australia to post-war China, which gave birth to Cathay Pacific.

In 1948, Butterfield & Swire, the leading British firm in Hong Kong, acquired 45% of Cathay Pacific, which was a joint venture between Australia and the United States at that time. Later, the routes to the south of Hong Kong were assigned to Cathay Pacific, and the routes to the north were assigned to Cathay Pacific's local rival Hong Kong Airlines. Until 1958, Cathay Pacific acquired Hong Kong Airlines, officially dominating the local aviation industry and entering the Northeast Asian market.

1960: the first international airline to fly to Osaka.

1976: the first Asian airline to launch Cathay Pacific Cargo, a cargo service brand.

In the 1980s, Cathay Pacific was 70% owned by Pacific Ocean bank and 30% owned by HSBC.

1982: the first airline to fly directly from Hong Kong to Vancouver, setting a new world record.

1983: the first airline to fly directly from Hong Kong to London.

1983: the first Asian airline to provide first class, business class and economy class services on every flight.

In April 1986, Cathay Pacific Airlines was listed on the stock exchange of Hong Kong. Its initial offering was 56 times oversubscribed. It was officially listed for trading on May 16.

In February 1987, Swire Group and HSBC sold 12.5% of Cathay Pacific to Hong Kong CITIC Group for HK $2.3 billion. CITIC became the third largest shareholder of Cathay Pacific Airlines, and Rong Zhijian and another senior CITIC joined Cathay Pacific's board of directors.

1990: the first direct flight between Hong Kong and Los Angeles.

On January 17, 1990, CITIC Group increased its shareholding to 38.3% and Cathay Pacific obtained the management right.

1991: the first to launch a custom designed stacked flight simulator.

In March 1994, Cathay Pacific acquired 75% equity of Huamin airlines, which is based in Hong Kong and mainly engaged in air transportation business, for HK $200 million. Huamin Airlines was once operated by Xinde group. In the same year, Cathay Pacific comprehensively changed its corporate image and changed the original green and white strip design of the fuselage into a wing display logo. In July 1998, Kai Tak Airport was closed, and the air operations were relocated to the Hong Kong International Airport at Chek Lap Kok. Cathay Pacific also relocated its headquarters to Cathay Pacific City in Tung Chung, next to the new airport, with a planned cost of US $625 million.

1998: polarone, the first non-stop flight from Hong Kong to New York, celebrates the world's longest flight.

In September 2001, the 9 / 11 incident in the United States had an impact on Cathay Pacific. The same year: the first to launch online pre check-in service.

In early 2003, Cathay Pacific was once affected by the outbreak of SARS (SARS) epidemic in Hongkong and its neighbourhood. The number of passengers declined sharply, and more than half of the flights had to be cancelled. Fortunately, after the SARS epidemic was controlled, it resumed fully.

In 2003, 2005 and 2009, Cathay Pacific Airlines was rated as the world's best airline by Skytrax. Its subsidiaries include Dragonair and Huamin airlines.

On June 9, 2006, Cathay Pacific issued a statement that it had reached an agreement with other relevant companies on the acquisition of Dragonair. Cathay Pacific will fully acquire Dragonair from other shareholders of Dragonair with HK $8.22 billion and issue new shares (90% of the shares). Another 4.07 billion yuan was used to increase the equity of Air China from 10% to 20%. In addition, Air China purchased 10.16% of the equity of Cathay Pacific for 5.39 billion, so that Air China and Cathay Pacific form a mutual control relationship and need to abide by the following four points: first, unless Swire's prior written consent is obtained, Chinese shareholders shall not hold 40% of the equity of Cathay Pacific or more than Swire's shareholding. 2、 Unless the prior written consent of each shareholder is obtained, the equity of CITIC Pacific and China Airlines shall not exceed 29.99%. 3、 Cathay Pacific shareholders agree that if each shareholder holds 15% equity or more, such shareholder will not propose to Cathay Pacific for acquisition or be acquired by the same third party, unless recommended by Cathay Pacific's board of directors. 4、 Maintain the nomination of five managing directors by Swire and increase the number of non managing directors from three to four. After the completion of the transaction, Swire Pacific, CITIC Pacific, Air China and AVIC Societe Generale held 40%, 17.5%, 10.16% and 7.34% respectively.

On August 31, 2006, Cathay Pacific received the 100th aircraft, which is Airbus A330-300.

On September 28, 2006, Cathay Pacific officially completed the acquisition of Dragonair, and therefore officially replaced RB airlines as the largest airline in Asia. Since December 1, 2006, it has implemented code sharing with Dragonair in Beijing and Shanghai.

2007: the first to create a carbon offset plan.

2014: the first airline to win Skytrax's "world's best airline" four times.

On March 27, 2019, Cathay Pacific announced that Cathay Pacific spent HK $4.9 billion to acquire 100% equity of Hong Kong Express Airlines, and Hong Kong Express will become a wholly-owned subsidiary of Cathay Pacific Airlines.

On August 12, 2020, Hong Kong Cathay Pacific Airlines released its 2020 interim performance report. In the first half of the year, Cathay Pacific recorded a loss of 9.865 billion yuan (Hong Kong dollars), and a profit of 1.347 billion yuan in the same period in 2019.

For the major airlines in the past, baozixuan knows their development history like the back of his hand. Even the first plane taken by baozixuan last time was subordinate to them, but now the most troublesome thing is that Swire Pacific has an absolute control over Cathay Pacific.

But now Cathay Pacific is not a listed company. If the major shareholders do not buy it, it is difficult to get the shares. The key now lies in HSBC. Another point is to start with Swire and directly become the major shareholder of Swire. After entering the board of directors of Swire, you can also increase your investment in Cathay Pacific. Sooner or later, it must be in your pocket. But what baozixuan didn't know was that what he thought was easy was not easy to do now.

While arranging for someone to absorb shares of Swire Pacific in the stock market, baozixuan called Shen Bi. Now, if you want to fight Swire, you must get the Cathay Pacific shares in HSBC, or it's really hard to do.

Shen Bi, who received a call from baozixuan, is having a meeting, and the main content of the meeting is that after the rise of Chinese businessmen, Xiangjiang's capital market should go in that direction. As a quasi central bank, HSBC is the largest structure that determines the lifeline of Xiangjiang's economy. It is unusual for baozixuan to call him during this memorable period.

Shen Bi had to end the meeting and think about the purpose of baozixuan. Now many things can't see friendship. And he and baozixuan haven't had much friendship yet. They can only see what the other party's purpose is to decide.

As the future boss of HSBC, Pu Weishi has access to confidential information. Seeing Shen Bi receive a call, his face is a little dignified. I know the purpose of baozixuan's appointment is by no means simple, but I can't guess the other party's idea now.

Pu Weishi said: "there have been a lot of reports in recent days since baozixuan clashed with people at the airport. But heiyun and he didn't overreact. Now how can he think of meeting you? "

After hearing what Pu Weishi said, Shen Bi suddenly understood something. After all, not everyone can have his thinking if he can become the best big class in HSBC.

Shen Bi: "there was a conflict at the airport. I think I should know what baozixuan wants. He is a young man. Sometimes he works entirely on his own will and ideas without so much consideration. It seems that the dinner tonight is not so simple. It's estimated that it's not delicious. "

Pu Weishi is also a smart man. Now baozixuan is not short of money. Then it must be for HSBC to take the shares of China Thai Airways, which is an enterprise controlled by Swire foreign bank.

Baozixuan now wants to move Cathay Pacific Airlines of Swire western. This is the most important asset of the Shi huaiya family, that is, HSBC can't get involved. Baozixuan has shot in the end, but now it can't tear a hole in HSBC. In that case, it's really hard to explain. After all, HSBC is a British bank. You don't have to look at the Chinese face. But it's not easy to get away from offending Shi huaiya family, even Shen Bi.