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Business Moves
Cathay Pacific sells Hactl stake before new terminal opening
Cathay Pacific, Swire Pacific and Citic Pacific raise $329 million from the sale of their combined 40% stake in Hong Kong Air Cargo Terminals.
By Edward Russell | 26 May 2010
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
Business Moves
Cathay Pacific breaks even
First-half earnings results for Cathay Pacific and Singapore Airlines confirm that the industry might be about to reach a cyclical bottom.
By Edward Russell | 6 August 2009
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