Cathay Pacific

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Cathay Pacific gets a USD 5 Billion helping hand; HK Government will take a stake

a plane flying in the sky

Cathay Pacific will receive a USD 5 billion worth bailout in the coming days, which should allow it to stay afloat and thrive as travel restarts after CoVid-19. The airline was burning about USD 400 million every month since February as it tried to live through the pandemic.

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