The Southwood Group believes the share price of Cathay Pacific Airways may see a steady rise over the next year with investment over the last eighteen months coming to fruition. Cathay Pacific is the international flag carrier of Hong Kong with their main hub situated in Hong Kong International Airport, operating both scheduled passenger and cargo services to 172 destinations in 39 countries worldwide. The flight groups fleet of wide-body aircraft consists of Airbus A330, Airbus A340 and both Boeing 747s and 777s. Air Hong Kong and Dragon air are wholly owned subsidiaries of Cathay Pacific with Dragon air operating in 36 destinations in the Asia-Pacific region, as a group they carry almost 30 million passengers and almost 2 million tons of cargo and mail.