Tang to lead Dragonair
Hong Kong’s Cathay Pacific Airways has appointed company veteran Kenny Tang as chief executive of newly acquired Dragonair.
Tang took over as chief executive late in August, replacing long-serving Dragonair chief Stanley Hui, who has moved to the board of former shareholder China National Aviation. Hui was chief executive for nearly 10 years.
A chartered accountant, Tang joined Cathay in 1979 in its accounts department and by 1994 had become general manager corporate finance. In 1997 he became chief operating officer of Cathay cargo subsidiary Air Hong Kong before taking over three years later as Cathay’s general manager cargo. In 2004 Tang was seconded to Cathay’s biggest single shareholder Swire Pacific as managing director of Taikoo Motors in Taiwan.
Dragonair is Hong Kong’s second-largest airline. Cathay agreed to a full takeover of the carrier, which makes most of its money from China services, earlier this year and shareholder approval was secured in August.
Source: Airline Business
