1. Cathay Pacific Proposes $5 Billion Bailout led by Government

    Cathay Pacific Proposes $5 Billion Bailout led by Government

    Financially battered Hong Kong airline Cathay Pacific Airways says it is proposing the government help fund a $5 billion recapitalization plan to help it recover from the coronavirus pandemic...

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    1. Cathay Pacific has explored available options and believes that a recapitalization is required to ensure it has sufficient liquidity to weather this current crisis.
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