Qatar Airways to sell its holdings in Hong Kong’s Cathay Pacific for $896 million

[ad_1] A Cathay Pacific airplane. File | Photo Credit: AP Qatar Airways will sell its stake in Hong Kong-based Cathay Pacific Airways in a share buyback valued at $896 million, the companies announced, ending the Qatari carrier’s eight-year involvement with the airline. The announcement came late Wednesday in a stock market filing by Cathay Pacific, […]

Continue Reading

Computer breakdown at Hong Kong airport delays hundreds of travellers

[ad_1] A Cathay Pacific aircraft takes off at the airport, during the coronavirus disease (COVID-19) pandemic in Hong Kong, China, March 31, 2022. | Photo Credit: Reuters Hundreds of travellers at Hong Kong’s international airport faced delays on Thursday after computer services broke down, broadcaster TVB reported, with footage showing scores of people stuck in […]

Continue Reading