Cathay Pacific
Cathay Pacific sold its 15% stake in Hong Kong Aircraft Engineering Co. (HAECO) to parent Swire Pacific in early June. The transaction is valued at HK$2.6 billion ($333 million), and Cathay Pacific will earn a profit of about HK$1.8 billion. The money will be used to support the airline’s core...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.