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Qatar Airways sells entire Cathay Pacific stake for 7 million

Qatar Airways sells entire Cathay Pacific stake for $897 million

Qatar Airways logo is seen on a plane model. Nurphoto | Nurphoto | Getty Images State-owned Qatar Airways has decided to sell its entire stake in Cathay Pacific Airways for about $897 million (HK$6.97 billion), marking its complete exit from Hong Kong’s flagship airline after eight years. Cathay said late on Wednesday that the Doha-based carrier had approached it about selling its entire 9.7% stake, and it would repurchase the shareholding…

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