Cathay Pacific is Hong Kong’s most admired company

Published on Wed, Oct 18, 2006 at 15:23 |  Source : Moneycontrol.com

Updated at Wed, Oct 18, 2006 at 16:05  

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Cathay Pacific Airways, one of the world's leading airlines, has topped the Asia 200 ranking of Hong Kong companies in the Wall Street Journal Asia's survey of 200 Most Admired Companies. Readers were asked to rate publicly traded companies with headquarters in Hong Kong on five attributes.

 

In addition to taking the numero uno position overall, Cathay ranked no. 1 in quality of service, no. 3 in innovation and no. 2 in reputation.

 

The publication goes on to laud Cathay Pacific for successfully expanding into the mainland with the acquisition of Dragonair. With this deal, not only does Cathay Pacific gain access to Dragonair's extensive network in Mainland China, it has also become one of the first companies in Hong Kong to enter into an exclusive joint venture with a leading state-owned company in China. With its single-industry focus and ambitious China strategy, Cathay Pacific has been upheld as a model of how Hong Kong companies should evolve.

 

"We are extremely proud to rank at the top of such a prestigious survey. The fact that we have also ranked in the top five of three other categories in the survey is a clear validation of our efforts at creating a world-class airline through constant innovation and superior levels of service. The Dragonair acquisition has not only helped us gain a foothold in the mainland but also consolidated our position as one of Hong Kong's most enduring corporate symbols," said Mr. Rupert Bray, Country Manager, Cathay Pacific Airways.

 

Swire Pacific, Cathay's conglomerate parent with interests in diverse industries such as aviation, property development and marine services, has been ranked as Hong Kong's third most admired company. It has also been ranked number one in the category of good corporate reputation.

 

Sourced From: Concept Public Relations India Pvt. Ltd

  

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