Rebuffed by American Airlines, Qatar Airways buys into Cathay Pacific
Monday, 6 November 2017 DUBAI/SINGAPORE (Reuters) - Qatar Airways said on Monday it had broadened its global reach with the acquisition of a 9.61 percent stake in Cathay Pacific Airways Ltd , complicating the Hong Kong carrier's share registry and sparking a sharp fall in its share price.
Nov.05 -- Qatar Airways agreed to acquire a stake in Cathay Pacific Airways, a deal that would help it gain a foothold in the world’s second-biggest aviation market. Bloomberg's Kyunghee Park reports on "Bloomberg Markets."
Santi Rodriguez / Shutterstock Singapore Airlines is expected to be the first to receive the new Airbus A350-900 Ultra Long-Range jet later this year. The ULR jet is able to fly up to 11,150 miles. It.. Source: Wochit News -