Cathay Pacific to Get Bailout Led by Hong Kong Government
The Hong Kong Government will take a 6% stake in Cathay Pacific; equipping the airline with a combined total of approximately HK$31 billion ($4 billion) in shares and a loan. The move comes as part of the flag carrier’s HK$39 billion ($5.03 billion) recapitalisation process. For more information Visit: https://samchui.com/2020/06/09/hong-kong-government-takes-ownership-stake-and-extends-lifelines-to-cathay-pacific/










