With the bailout of Cathay Pacific, the Hong Kong government joins others around the world in propping up their flag carriers. Photo: Sam Tsang

Hong Kong government’s white knight rescue of Cathay Pacific seen as win for both sides

  • Capital infusion signals strong confidence in city’s status as aviation hub, according to experts
  • Package allows airline to tap capital markets for fresh funding going forward without incurring new debt, says analyst
Topic |   Cathay Pacific
With the bailout of Cathay Pacific, the Hong Kong government joins others around the world in propping up their flag carriers. Photo: Sam Tsang
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