Breaking News:
Tuesday, 7 November 2017
QATAR AIRWAYS ANNOUNCES ITS ACQUISITION OF 9.61% OF CATHAY PACIFIC

Qatar Airways, the national carrier of the State of Qatar, is pleased to announce that it has entered into an agreement to purchase an amount of 378,188,000 shares of Cathay Pacific Airways Limited (Cathay Pacific), being approximately 9.61 per cent of the total issued share capital. Completion of the transaction is expected to take place later today in Hong Kong.

Air China Limited and Swire Pacific Limited together continue to hold 74.99 per cent shares of Cathay Pacific Airways.

Qatar Airways Group Chief Executive, His Excellency Mr 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.”

Commenting on the share acquisition, Cathay Pacific Chief Executive Officer, Rupert Hogg said, “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."

This investment further supports Qatar Airways investment strategy which already includes 20% investment in International Airlines Group, 10% investment in LATAM Airlines Group and 49% investment in Meridiana.

Author: Martin Jop
GO Ina

Program yang diberi nama Dapur TIKI ini akan tayang setiap Kamis selama Bulan Ramadhan di Youtube Channel TIKI ID.

Details
March 25, 2024

TIKI memprediksi akan terjadi pertumbuhan volume kiriman antara 20-25 persen di Bulan Ramadhan 2024

Details
March 14, 2024

Melalui kerjasama sebagai pendukung logistik BBW tahun ini, diharapkan dapat menjadi solusi bagi para pecinta buku di Indonesia

Details
March 1, 2024

IAS memastikan seluruh logistik tiba dengan aman, menyambut tim dan para peserta dengan keramahtamahan khas Indonesia, hingga kebersihan area balap

Details
February 29, 2024

GENERAL NEWS