Hong Kong Throws Lifeline to Cathay Pacific
Cathay Pacific Group will issue ownership warrants to the Hong Kong government as part of a $5 billion recapitalization effort.
A Cathay Pacific Airbus A350-1000 approaches Hong Kong Chek Lap Kok Airport. (Photo: Flickr: <a href="http://creativecommons.org/licenses/by-sa/2.0/" target="_blank">Creative Commons (BY-SA)</a> by <a href="http://flickr.com/people/montoya711" target="_blank">Melvinnnnnnnnnnn (FN2187)</a>)
A Cathay Pacific Airbus A350-1000 approaches Hong Kong Chek Lap Kok Airport. (Photo: Flickr: Creative Commons (BY-SA) by Melvinnnnnnnnnnn (FN2187))