The Cathay Pacific Group had HK$30.3 billion in liquidity at the end of 2021, compared to HK$28.6 billion at the end of 2020. Photo: Winson Wong
The Cathay Pacific Group had HK$30.3 billion in liquidity at the end of 2021, compared to HK$28.6 billion at the end of 2020. Photo: Winson Wong

Cathay Pacific given access to HK$7.8 billion loan from Hong Kong government for another year

  • Funds are part of the government’s rescue package provided in 2020 to help struggling airline stay afloat
  • Cathay CEO Augustus Tang says the airline did not need to draw down the loan in the past 12 months due to ‘prudent cash management’

The Cathay Pacific Group had HK$30.3 billion in liquidity at the end of 2021, compared to HK$28.6 billion at the end of 2020. Photo: Winson Wong
The Cathay Pacific Group had HK$30.3 billion in liquidity at the end of 2021, compared to HK$28.6 billion at the end of 2020. Photo: Winson Wong
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