Rumour: Air China to increase stake in Cathay Pacific

[JF Mezei]

BBC now reports that trading in Cathay Pacific shares has been suspended
in Hong Kong, pending an expected announcement from Air China.

Rumours are that Air China may increase its stake or buy Cathay Pacific.

last week, I though about asking here what people though of the future
of Cathay Pacific. We haven't learned much about CX in the last couple
of years, except that it no longer really needed jumbo jets (not a big
sign of growth).

I guess we may hear more about its future now.
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