Qatar Airways Has ‘Absolute’ Confidence in Cathay Pacific - Yahoo Finance

(Bloomberg) —

Qatar Airways has confidence that its partner Cathay Pacific Airways Ltd. will overcome the crisis wrought by the coronavirus pandemic, after shareholders of the Hong Kong-based carrier approved a plan to avoid collapse.

“I have absolute confidence in every airline that we have invested,” Qatar Airways Chief Executive Officer Akbar Al Baker said in an interview with Bloomberg TV. Cathay has stated its intention to continue operations in Hong Kong and to resume growth, Al Baker said.

Cathay’s shareholders — Qatar Airways