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Cathay To Be Sold?  
User currently offlineKangar From Ireland, joined Feb 2000, 395 posts, RR: 0
Posted (13 years 3 months 1 day 5 hours ago) and read 466 times:

I've been on PPrune lately, and a view seems to be emerging among staff at CX that the Swires Group which controls CX is gearing up to sell it's stake in the airline to Chinese interests, with the aim of pulling out of Air Transport altogether. Cathay have recently also reduced their holdings in Dragonair. Have any other people heard of this "nationalisation" of CX, and if so what would it mean for the airline as a whole?

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