Image of a Cathay Pacific Airline parked at the Hong Kong International Airport in Chek Lap Kok. Cathay Pacific Airways announces a HK$4.93 billion deal to acquire low-cost carrier HK Express today. 27MAR19 SCMP / Winson WongImage of a Cathay Pacific Airline parked at the Hong Kong International Airport in Chek Lap Kok. Cathay Pacific Airways announces a HK$4.93 billion deal to acquire low-cost carrier HK Express today. 27MAR19 SCMP / Winson Wong
Image of a Cathay Pacific Airline parked at the Hong Kong International Airport in Chek Lap Kok. Cathay Pacific Airways announces a HK$4.93 billion deal to acquire low-cost carrier HK Express today. 27MAR19 SCMP / Winson Wong

Cathay Pacific’s rights-issue entitlements discounted as minority shareholders get cold feet on industry outlook

  • Entitlements to subscribe for Cathay Pacific’s cash call traded at 17 per cent discount to value on first day of trading
  • A third wave of coronavirus infections is further clouding efforts to revive the business amid warning of deeper losses

Topic |   Cathay Pacific
Image of a Cathay Pacific Airline parked at the Hong Kong International Airport in Chek Lap Kok. Cathay Pacific Airways announces a HK$4.93 billion deal to acquire low-cost carrier HK Express today. 27MAR19 SCMP / Winson WongImage of a Cathay Pacific Airline parked at the Hong Kong International Airport in Chek Lap Kok. Cathay Pacific Airways announces a HK$4.93 billion deal to acquire low-cost carrier HK Express today. 27MAR19 SCMP / Winson Wong
Image of a Cathay Pacific Airline parked at the Hong Kong International Airport in Chek Lap Kok. Cathay Pacific Airways announces a HK$4.93 billion deal to acquire low-cost carrier HK Express today. 27MAR19 SCMP / Winson Wong
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