Cathay Pacific has been handed a multibillion-dollar rescue package by the Hong Kong government. Photo: Winson Wong

Explainer |
Why Cathay Pacific’s bailout was not just important for the airline but Hong Kong as a whole

  • Financial Secretary Paul Chan said city’s air network underpinned range of industries including financial services and tourism
  • Air cargo reached 500 million tonnes in 2018 and was worth US$473 billion to Hong Kong
Topic |   Cathay Pacific
Cathay Pacific has been handed a multibillion-dollar rescue package by the Hong Kong government. Photo: Winson Wong
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