Hong Kong flag carrier Cathay Pacific announced Wednesday that it will buy budget airline HK Express for U.S.$628.15 million, as it moves to counter competition from the increasing number of low-cost carriers in the region.
Japan Today
Hong Kong flag carrier Cathay Pacific
[announced] (Wednesday)
that
キャセイパシフックはアナウンスしました。
it
[will buy]
budget airline HK Express
[for] U.S.$628.15 million
キャセイは格安航空会社を買う。
, as
S it
V [moves]
補足[to counter]
O competition
キャセイは競争の対策に動く
[from] the increasing number [of] low-cost carriers
[in] the region.
増える格安航空会社数