A cargo aircraft operated by Cathay Pacific Airways takes off from Hong Kong International Airport on June 9. Cathay Pacific became the latest global carrier to seek a lifeline in the aftermath of Covid-19 travel restrictions, outlining a plan to raise HK$39 billion ($5 billion) from the Hong Kong government and shareholders after months of warnings about the frailty of its business. Photo: Bloomberg
A cargo aircraft operated by Cathay Pacific Airways takes off from Hong Kong International Airport on June 9. Cathay Pacific became the latest global carrier to seek a lifeline in the aftermath of Covid-19 travel restrictions, outlining a plan to raise HK$39 billion ($5 billion) from the Hong Kong government and shareholders after months of warnings about the frailty of its business. Photo: Bloomberg