Qatar buys into Cathay Pa­cific

The Irish Times - Business - - CAVEAT -

Qatar Air­ways has agreed to pur­chase a 9.61 per cent stake in Cathay Pa­cific for about $662 mil­lion (€569 mil­lion).

The air­line al­ready has a 20 per cent stake in In­ter­na­tional Air­lines Group, which in­cludes Bri­tish Air­ways and Aer Lin­gus.

It also has a 10 per cent stake in the LATAM Air­lines Group in South Amer­ica and 49 per cent in Italy-based Merid­i­ana.

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