State-owned Qatar Airways has decided to sell its entire stake in Cathay Pacific Airways for about $897 million (HK$6.97 billion).
State-owned Qatar Airways has decided to sell its entire stake in Cathay Pacific Airways
for about $897 million (HK$6.97 billion), marking its complete exit from Hong Kong’s flagship airline after eight years.
The Gulf carrier had bought the stake in November 2017 from Hong Kong’s Kingboard Chemical Holdings
, making it the third-largest shareholder in Cathay after Swire Pacific
and Air China
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