Cathay Pacific planes sit idle at the Hong Kong International Airport amid the coronavirus pandemic. Photo: Sam Tsang Cathay Pacific planes sit idle at the Hong Kong International Airport amid the coronavirus pandemic. Photo: Sam Tsang
Cathay Pacific planes sit idle at the Hong Kong International Airport amid the coronavirus pandemic. Photo: Sam Tsang
David Dodwell
Opinion

Opinion

Inside Out by David Dodwell

Why market fears of an Air China takeover of Cathay Pacific proved unfounded

  • The Cathay bailout was, in the end, remarkably similar to those of other airlines around the world
  • Air China, Cathay’s second-largest shareholder, is facing a coronavirus crisis and any rescue plan could also have jeopardised the city’s aviation rights

Cathay Pacific planes sit idle at the Hong Kong International Airport amid the coronavirus pandemic. Photo: Sam Tsang Cathay Pacific planes sit idle at the Hong Kong International Airport amid the coronavirus pandemic. Photo: Sam Tsang
Cathay Pacific planes sit idle at the Hong Kong International Airport amid the coronavirus pandemic. Photo: Sam Tsang
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