06-Nov-2017 12:55 PM
Statement regarding Cathay Pacific shareholding ownership
Direct News Source
06-Nov-2017 Qatar Airways Q..CC..SS..CC.. (''QQatar Airways'')) has announced today that it has acquired approximately 9.61 per cent stake in Cathay Pacific Airways Limited (''CCathay Pacific'')).. Both Cathay Pacific and Qatar Airways collaborate together as members of the one world alliance..
Air China Limited and Swire Pacific Limited together continue to hold 74.99 per cent shares of the airline..
Commenting on the share acquisition,, Cathay Pacific Chief Executive Officer,, Rupert Hogg said , "QQatar Airways is one of the world's premier airlines.. We already work together cl osely as fellow members of the one world a lliance and we look forward to a continued constructive relationship..""