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Air China Sells 1.61% Stake in Cathay Pacific

1/6/2026

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Story summary
  • Air China sold 108.1 million Cathay Pacific Airways shares, or 1.61%, for HK$1.32 billion.
  • After the sale, Air China will retain 27.11% and could rise to 29.98% after Cathay's buyback from Qatar Airways.
  • Cathay Pacific Chief Executive Ronald Lam described it as "tactical" and said Air China will remain a long-term strategic shareholder.
  • Cathay Pacific shares declined 3.67% to HK$12.61 in morning trading on January 6, 2026.