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Business Moves

Citic Pacific sells 14.5% stake in Cathay Pacific to Air China and Swire Pacific

Air China and Swire Pacific will buy a majority of Citic Pacific’s 17.49% stake in Cathay Pacific, in a deal worth $942 million.

By Edward Russell | 18 August 2009

View Point

Cathay Pacific sees red

The airline's profits plunge 222% to a record $1.1 billion annual loss mainly due to fuel hedges.

By Edward Russell | 12 March 2009

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Tags: cathay pacific, christopher pratt

Tags: cathay pacific , christopher pratt