 Waterfront Air was founded by Michael Agopsowicz and co-founded by Peter de Kantzow, who is the son of Sydney de Kantzow, the Australian co-founder of Cathay Pacific Airways.Six years after the company began, Waterfront Air HK ceased operations on 23 December 2014 without any established routes, according to Hong Kong's Companies Registry record.However, HaiXiang Air 海翔公務航空有限公司 will operate seaplane services in China under the English name Waterfront Air.