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Rebuffed by American Airlines, Qatar Airways buys into Cathay Pacific

Reuters 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.
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Source: Bloomberg Global Business - < > Embed
News video: Here's Why Qatar Wants a Stake in Cathay Pacific

▶ Here's Why Qatar Wants a Stake in Cathay Pacific 01:53

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."

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