Cathay Dragon chief to take top job at Hong Kong newcomer Greater Bay Airlines

The CEO of the now-defunct regional airline Cathay Dragon will take the top job at Greater Bay Airlines, in a coup for the upstart carrier. Algernon Yau Ying-wah, 62, will start his new CEO role on January 4, next Monday, according to an internal GBA memo seen by the Post and confirmed by multiple industry insiders, after formally retiring this week from his current post with Cathay Group after almost four decades with the company. In the memo, Hong Kong mogul Bill Wong Cho-bau, who is launching the fledging GBA airline in the city, asked staff to welcome Yau and support him in his new appointment. The appointment will bolster GBA as it works through regulatory approval for its launch, including securing an air operator’s certificate and an air transport licence to permit it to run scheduled flights from Hong Kong to any destination.<br/>