Breaking Travel News

Cathay Pacific News

Cathay Pacific secures £4bn government-backed bailout

Cathay Pacific secures £4bn government-backed bailout

9 June 2020 Airline News

This three-part plan, financed by the government of Hong Kong, is designed to provide Cathay with sufficient funds to withstand the industry-wide downturn, as well as a stable platform from which it will be able to conduct a wholesale review of operations.