Cathay Pacific given extension to draw down $1 billion government loan

StreetInsider2021-06-08

(Reuters) -Cathay Pacific Airways Ltd said on Tuesday that the Hong Kong government had agreed to extend the drawdown period for a HK$7.8 billion ($1.01 billion) loan facility by a year to June 2022, ...

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Comments

  • Cyn198
    2021-06-08
    Cyn198
    Wow, nice! 
  • RichTee
    2021-06-08
    RichTee
    Nice 
  • TeslaLegend
    2021-06-08
    TeslaLegend
    Please like and comment. Thanks!
  • DesmondChin
    2021-06-08
    DesmondChin
    Everyone can fly again next year
  • SeanInvest
    2021-06-08
    SeanInvest
    I guess travel in 2022...
  • PSChoong
    2021-06-08
    PSChoong
    Long way to recover for airlines industry [流淚] 
    • Targarean
      Thats the thing. i’m not patient enough to wait 5 years for airlines. Will invest in others
    • PSChoongReplyTargarean
      Will return but just take at least 5yrs... Haha so must have strong holding power
    • PSChoong
      Why unfortunately?
    • Targarean
      Unfortunately so
    • Targarean
      For those who own airline stocks
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