E EXPLAINIT

Qatar Airways Exits Cathay Pacific With $897 Million Sale

1 month ago

Qatar Airways Sells Entire Cathay Pacific Stake for $897 Million Today, Qatar Airways, a state-owned airline, has made the decision to sell its entire stake in Cathay Pacific Airways for approximately $897 million (HK$6.97 billion). This move marks the complete exit of Qatar Airways from Hong Kong’s flagship airline after eight years of investment. Background […]

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E EXPLAINIT

Qatar Airways Sells Entire Stake in Cathay Pacific for $897 Million

1 month ago

Qatar Airways Makes Strategic Decision to Exit Cathay Pacific After eight years of investment, Qatar Airways has announced its decision to sell its entire stake in Cathay Pacific Airways for a substantial $897 million. This move marks the complete exit of the state-owned airline from Hong Kong’s flagship carrier. Background of the Investment In 2012, […]

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E EXPLAINIT

Qatar Airways Sells Entire Stake in Cathay Pacific for $897 Million

1 month ago

Qatar Airways Sells Entire Stake in Cathay Pacific for $897 Million Qatar Airways has made a strategic decision to sell its entire stake in Cathay Pacific Airways for a whopping $897 million. This move marks the end of an eight-year investment in Hong Kong’s flagship airline. The state-owned airline has finalized the sale of its […]

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