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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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.
News link: