A Cathay Pacific plane takes off at the Hong Kong International Airport. Photo: Winson WongA Cathay Pacific plane takes off at the Hong Kong International Airport. Photo: Winson Wong
A Cathay Pacific plane takes off at the Hong Kong International Airport. Photo: Winson Wong

Cathay Pacific shares fall below pre-bailout level as investors shun merits of US$5 billion rescue plan

  • Shares soared nearly 19 per cent at the open, but finished with 1 per cent decline
  • Government bailout leads to increase in number of shares, worrying investors, while outlook for international route resumption is uncertain, analysts say
Topic |   Aviation
A Cathay Pacific plane takes off at the Hong Kong International Airport. Photo: Winson WongA Cathay Pacific plane takes off at the Hong Kong International Airport. Photo: Winson Wong
A Cathay Pacific plane takes off at the Hong Kong International Airport. Photo: Winson Wong
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