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...next team challenge? Cathay acquired the Chinese domestic airline Dragonair last year, but integrating its new partner could be tricky. "Chinese carriers do not have a good reputation for customer service," says Richard Aboulafia, an airline analyst with the Teal Group in Fairfax, Va. Tyler says he wants "to make sure Dragonair staff feel they belong--to make sure nobody was having lunch alone." Perhaps it's time to bring back Morning Boogie...

Author: /time Magazine | Title: Flight School | 10/18/2007 | See Source »

...deal between British conglomerate Swire Pacific and the China National Aviation Corp., owned by Beijing's aviation authority. CNAC was set to launch an airline to rival Swire's Cathay Pacific; Yung prodded the British firm instead to sell the mainland intruder a controlling share in Cathay's regional DragonAir. In January, CITIC Pacific paid $2.1 billion for 20% of Hong Kong's British-controlled electricity company. Beijing denied this was the next step in China's takeover of Hong Kong's main industries. Maybe so, but Yung is shaking up the colony, and 1997 has just begun...

Author: /time Magazine | Title: LARRY YUNG: CHAIRMAN, CITIC PACIFIC; HONG KONG | 3/3/1997 | See Source »

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