Tag: Oneworld

Analysis Examining and addressing Cathay Pacific’s problems

Examining and addressing Cathay Pacific’s problems

Cathay Pacific has had a tough time of it lately. Two weeks ago, Cathay team members at all levels were taken by surprise when Qatar Airways Group announced its acquisition of 9.61% of the airline’s shares. While this could be seen by some as alarming given Qatar’s outspoken CEO, I don’t believe they will be …

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Analysis Qatar buys 9.6% of Cathay, expanding oneworld investments

Qatar buys 9.6% of Cathay, expanding oneworld investments

On Monday morning Qatar Airways Group announced its acquisition of 9.6% of Hong Kong-based Cathay Pacific for USD662M. Qatar is now the third largest shareholder of Cathay, after Swire Group (45%) and Beijing-based Air China (30%). The acquisition represents an increase in Qatari ownership of airlines in the oneworld alliance, of which it is a …

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