CompaniesHong Kong Govt to Lead Cathay Pacific Bailout Package: SCMPSavePrintA passenger walks to the First Class counter of Cathay Pacific Airways at Hong Kong Airport in Hong Kong, China on April 4, 2018. Bobby Yip/ReutersReuters6/8/2020|Updated: 6/9/2020 SYDNEY—Hong Kong’s government will lead a near HK$30 billion ($3.9 billion) bailout package for Cathay Pacific Airways Ltd. giving it two observer seats in the boardroom, the South China Morning Post reported on Tuesday, citing sources.Share this articleLeave a commentReutersAuthorAuthor’s Selected ArticlesCambodia to Nominate Trump for Nobel Peace Prize, Says Deputy Prime MinisterAug 03, 2025Australian Towns Blanketed With Rare SnowAug 03, 2025Ford to Recall Over 312,000 Vehicles Over Loss of Power Brake Assist, NHTSA SaysAug 02, 2025US Hits Iranian Shipping Network With Major New SanctionsAug 01, 2025Related TopicsCathay PacificCommentAdd to My ListSaveShare