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Cathay Pacific repurchased HK$39bn pandemic bailout warrants, spent HK$1.53bn, and plans a HK$100bn investment over 7 years.
Cathay Pacific has repurchased all warrants issued to the Hong Kong government as part of a HK$39 billion ($5 billion) pandemic bailout, spending HK$1.53 billion ($196.2 million) in the process.
This concludes the recapitalization effort that included buying back preference shares and paying dividends.
CEO Ronald Lam highlighted a shift towards future growth, with plans for a HK$100 billion ($12.8 billion) investment over seven years to enhance operations and passenger services.
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Cathay Pacific recompró órdenes de rescate para la pandemia de HK$39bn, gastó HK$1.53bn y planea una inversión de HK$100bn durante 7 años.