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Cathay to be satisfied of the current shareholder structure in Dragonair

Hong Kong, China - The Hong Kong-based airline owns 18 per cent of the smaller rival and media speculated about the possibility it could have take over the whole company

Cathay Pacific Airways said it is satisfied of the current shareholder structure in Dragonair, after speculative argumentation, coming from media, citing the posibility that the carrier could have take over the whole company (see AVIONEWS). Dragonair is held by Cathay for 18 percent, by Beijing-controlled CNAC for a stake related to 43 percent, by CITIC Pacific for 28.5 percent and 7.71 percent by...

AVIONEWS - World Aeronautical Press Agency - 117415
Rome, Italy, 03/30/2005 19:38
AVIONEWS - World Aeronautical Press Agency

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