Effective today, Hong Kong Dragon Airlines (Dragonair) becomes a wholly owned subsidiary of Cathay Pacific, and aside from feeling bad for those Dragon Air employees made redundant, I couldn't be more pleased.
I have flown both airlines (Cathay to Hong Kong, Dragon Air to Haikou, Hainan and Kota Kinabalu), and found them both very good.
Two years ago, when a change of Dragon Air flight times meant I would miss a connecting Cathay flight to Bangkok, Dragon Air staff met me at the Hong Kong airport to escort me to Cathay counter to make the necessary changes and absorb the added costs PLUS put me up at the wonderful Regal Airport Hotel.
Dragon Air and Cathay Pacific have long been affiliated. Today's move serves to increase consumer confidence in the stability and reliability of both airlines.