Cathay to Receive $3.87 Billion Bailout from White Knight HK Government By Investing.com
© Reuters. By Gina Lee Investing.com – Hong Kong’s Cathay Pacific Airways (HK:) will receive a HK$30 billion ($3.87 billion) rescue package from the Hong Kong government as part of a $40 billion capital restructuring exercise. The package will see the government take an undisclosed stake in the embattled airline,Read More →