Airline Qatar Airways

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Qatar Airways to acquire 9,6% stake in Cathay Pacific

Qatar Airways is ready to purchase a stake in Cathay Pacific.

According to Avia.pro news agency, the Qatar Airways Qatar Airways management has announced its intention to purchase part of the assets of the Hong Kong carrier "Cathay Pacific", in particular, it is a stake of 9,6% for a total amount of 662 million US dollars. The leadership of the Hong Kong airline is not against such a step, the more so as this can lead to the prosperity of each side.

It should be clarified that earlier the leadership of the airline "Qatar Airways" announced its intention to acquire part of the assets of the American carrier "American Airlines", but ultimately it turned out to be inappropriate, and therefore, any negotiations were interrupted.

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