Air China raises stake in Cathay Pacific to nearly 30%
Air China reached an agreement with CITIC Pacific to purchase a significant portion of the latter's stake in Cathay Pacific, raising its share in the Hong Kong carrier to 29.99% from 17.49%. According to a filing released yesterday by the Hong Kong Stock Exchange CA will purchase 491.9 million of...
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
