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Qatar Airways Sells Stake in Cathay Pacific for $897M

11/6/2025

Summary

Story summary

Qatar Airways will divest its entire 9.7% stake in Cathay Pacific Airways for approximately $897 million, ending an eight-year partnership.
Cathay Pacific will repurchase the shares at HK$10.8374 ($1.39) each, a 4% discount to the closing price, funded through internal resources.
Following the sale, Swire Pacific and Air China will increase their stakes in Cathay.
Despite the exit, both airlines will maintain their partnership through the Oneworld Alliance.

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Story summary

Qatar Airways will divest its entire 9.7% stake in Cathay Pacific Airways for approximately $897 million, ending an eight-year partnership.
Cathay Pacific will repurchase the shares at HK$10.8374 ($1.39) each, a 4% discount to the closing price, funded through internal resources.
Following the sale, Swire Pacific and Air China will increase their stakes in Cathay.
Despite the exit, both airlines will maintain their partnership through the Oneworld Alliance.