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06 Jan 2026
Air China to sell 1.61% stake in Cathay Pacific for US$170 million
Summary
Air China will sell 1.61% of its stake in Cathay Pacific for US$170 million, reducing its holding to 27.11%. Despite the sale, Air China will remain a long-term strategic shareholder, and Cathay Pacific CEO Ronald Lam expressed optimism about the airline’s prospects.