http://www.cathaypacific.com/cx/en_HK/cathaydragon/introduction.html
After signing a fuel hedging contract last year at $85/barrel for the next few years, and splashing the cash on a new livery, Cathay's management have now decided to sacrifice the 31 year old Dragonair brand for Cathay Pacific. Meanwhile, fliers can no longer watch films or have a hot meal on short flights, such as to Taipei.
Dragonair is not as good as Cathay, especially when you travel on their old 320s, there is no screen no matter how long the flight is
I'd agree the A320 experience isn't good. But most people like Dragonair's service more than Cathay's on short-haul routes. For instance, the catering on KA is better than on CX, maybe as KA uses LSG where CX uses CPCS. Crews of both KA and CX are up to the same standards.
Your statement is true though, if you compare KA's service to CX's impeccable long haul service. CX's long haul product is still very competitive despite all the unfathomable cost cutting effort from the management.
at a glance, the Cathay Dragon livery looks similar to Turkish Airlines..
I think they should keep the livery, the red Cathay livery isn't as good as the Green one, and it's not as Chinese/Eastern Asian style as the current one