Qatar Airways will sell its stake in Cathay Pacific Airways for $896 million, ending its eight-year shareholding in Hong Kong’s flagship carrier.
Cathay Pacific Airways has agreed to buy back the shares Qatar Airways holds in the Hong Kong-listed airline for $896.5 ...
Qatar Airways is making aviation history by introducing its flagship Airbus A380 to the Singapore route for the first time, ...
The Middle Eastern carrier has pursued a strategy of investing in airlines worldwide to strengthen its competitive position ...
Cathay Pacific said on Wednesday it would buy back all of its shares owned by Qatar Airways for HK$6.97 billion, after ...
Cathay Pacific Airways will repurchase all of its shares owned by Qatar Airways for a total consideration of HK$6.97 billion ...
Cathay Pacific Airways (HK:0293) announced that it will repurchase all shares held by Qatar Airways for HK$6.97 billion ...
Qatar Airways first announced the foray in late 2017, part of a broader strategy to buy stakes in major carriers.
Emirates' main hub is in Dubai International Airport, while Qatar Airways' hub is at Doha Hamad International Airport. Etihad ...
Hong Kong airline Cathay Pacific plans to buy back the 9.6% stake it sold to Qatar Airways in 2017, subject to shareholder approval. The proposed purchase price is $896.5 million; Qatar bought the ...
The Hong Kong flag carrier said the deal covers 643 million shares, representing about 9.6% of its issued capital, to be repurchased at HK$10.8374 per share. The price reflects a 3.9% discount to ...