Cathay Pacific to sell HAECO stake to Swire

Copyright Photo: Royal S. King. Please click on photo for full view, information and other photos.

Cathay Pacific Airways (Hong Kong) will sell its HAECO stake to its largest shareholder, Swire Pacific, to raise cash. Cathay will also sell and lease-back six new Boeing 777-300 ERs on order to raise additional capital.

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www.bloomberg.com/apps/news?pid=20601080&sid=ap0OjaYP6e.M

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This entry was posted in Cathay Pacific Airways, Oneworld and tagged 36161, 777, 777-300, 777-367, Airliners, Airlines, B-KPL, Boeing, Cathay Pacific Airways, Everett, Oneworld, PAE, Paine Field, Royal S. King on September 16, 2009 by Bruce Drum.

About Bruce Drum

I have started the ultimate digital photo library of the fascinating world of airliners and airlines. The goal is to have the complete history of all airlines and the various aircraft operated. I have been photographing airplanes since 1965. Join us in this adventure.

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