As you may know, the Hong Kong Government is now trying to deregulate and open up the aviation market in Hong Kong for more airlines to operate in Hong Kong.
This would affect Cathay Pacific's as well as Dragonair's position in some ways.
And I also heard that Li Kar Shing, one of the richest man in the world, has plans to open up an airline in Hong Kong.
What do you guys think? Do you think we should have another airline in Hong Kong? I, personally think that this will increase competition. However, it may turn out to be a tragedy for either or both airlines due to severe competition in a small place which is Hong Kong. Besides, it will affect Cathay Pacific, a first class Hong Kong based flag carrier.
What do you guys think about this? Will this happen?