Qatar Airways acquiring 9.61% of Cathay Pacific
November 6, 2017: Qatar Airways has entered into an agreement to purchase 378,188,000 shares of Cathay Pacific Airways, being approximately 9.61 percent of the total issued share capital.

November 6, 2017: Qatar Airways has entered into an agreement to purchase 378,188,000 shares of Cathay Pacific Airways, being approximately 9.61 percent of the total issued share capital.
Qatar Airways group chief executive, Akbar Al Baker said, “Qatar Airways is very pleased to complete its financial investment in Cathay Pacific." "Cathay Pacific is a fellow oneworld member and is one of the strongest airlines in the world, respected throughout the industry and with massive potential for the future.”
This investment further supports Qatar Airways investment strategy which already includes 20 percent investment in International Airlines Group, 10 percent investment in LATAM Airlines Group and 49 percent investment in Meridiana.
“Qatar Airways is one of the world’s premier airlines. We already work together closely as fellow members of the Oneworld alliance, and we look forward to a continued constructive relationship,” said Rupert Hogg, chief executive officer, Cathay Pacific.
NIIF invests ₹2250 crore for 22.5% share in DP World's Hindustan Ports
1 July 2022 11:16 AM GMTCMA CGM lowers freight rates to support French households
1 July 2022 10:30 AM GMTOver 250 jewellers switch from email to BVC's WhatsApp For Logistics...
1 July 2022 8:17 AM GMTDrewry says beginning of end for carriers' bull run
1 July 2022 7:00 AM GMTMSC signs UN Global Compact Sustainable Ocean Principles
30 Jun 2022 1:00 PM GMTMahindra Logistics to focus on skill enhancement of D&I candidates
30 Jun 2022 12:38 PM GMTXeneta Shipping Index zooms over 10% in June
30 Jun 2022 11:45 AM GMT