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Economy Country 2025-11-06T07:10:16+00:00

Cathay Pacific to Repurchase Qatar Airways Stake for Nearly $7 Billion

Hong Kong's Cathay Pacific Airways is repurchasing a 9.57% stake from Qatar Airways for 6.97 billion Hong Kong dollars. This move follows Qatar Airways' expression of interest to divest from the Hong Kong carrier.

Cathay Pacific to Repurchase Qatar Airways Stake for Nearly $7 Billion

Cathay Pacific Airways in Hong Kong announced on Wednesday that it will repurchase a 9.57% stake from Qatar Airways for 6.97 billion Hong Kong dollars (897.33 million dollars). This decision came after the Qatari airline expressed its desire to divest from the Hong Kong-based carrier. Qatar Airways had indicated its willingness to sell its stake in Cathay Pacific Airways.

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