Qatar Airways to buy stake in Cathay Pacific
Credit: Cathay Pacific Airways
Qatar Airways has announced it is taking an almost 10% stake in Hong Kong-based Cathay Pacific Airways. The agreement, which Doha-based Qatar said it expects to complete Nov. 6, means the Gulf carrier will hold a 9.6% stake in Cathay at a value of about $600 million. Cathay and Qatar are both...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
