Qatar Airways Sells Cathay Pacific Stake
Analysis based on 7 articles · First reported Nov 05, 2025 · Last updated Nov 06, 2025
The sale of Qatar Airways' stake in Cathay Pacific for $896 million is seen positively by the market, as Cathay Pacific's stock rose 4.2% following the announcement. This move allows Qatar Airways to optimize its investment portfolio and Cathay Pacific to reinforce its commitment to China — Hong Kong's aviation hub, funded through internal resources and existing credit lines.
Qatar Airways has decided to sell its entire 9.57% stake in Cathay Pacific for approximately $896 million, marking its complete exit after eight years. Cathay Pacific will repurchase the shares at HK$10.8374 per share, a 4% discount to its last closing price. Qatar Airways CEO Badr Mohammed Al-Meer stated this decision aligns with a disciplined portfolio strategy and aims to optimize investments for long-term growth. Cathay Pacific Chairman Patrick Healy expressed strong confidence in the company's future, with the buyback reinforcing its commitment to strengthening China — Hong Kong's role as a global aviation hub. The deal, which requires shareholder approval, will increase the stakes of controlling shareholder Swire to 47.69% and China to 31.78%. Both airlines will continue their partnership through the oneworld Alliance. Qatar Airways initially acquired the stake in 2017 from Kingboard Holdings for about $662 million.
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