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Qatar Airways Sells Entire Cathay Pacific Stake for $897 Million

The Doha-based airline exits its investment in Hong Kong carrier Cathay Pacific amid ongoing portfolio adjustments.

Summary

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Terms & Concepts
  • Stake Sale: The process of selling ownership shares in a company, either partially or entirely.
  • Cathay Pacific: A major airline based in Hong Kong, known for international long-haul flights.
  • Qatar Airways: The state-owned flag carrier of Qatar, headquartered in Doha.