Coronavirus: Cathay Pacific could get cash injection from shareholder Qatar Airways

Qatar Airways, the third-largest shareholder in Cathay Pacific, said it was willing to provide an equity injection into Hong Kong’s financially battered flagship carrier if approached.“Cathay is a well-established company and as a shareholder, if Cathay Pacific were to approach us for an equity injection, we will definitely support them,” Al Baker, Group CEO of the Doha-based carrier, told the Post.Qatar said it was in a position to help, despite being hit hard by the collapse in global air…

from South China Morning Post https://www.scmp.com/news/hong-kong/transport/article/3084079/coronavirus-cathay-pacific-could-get-cash-injection