A Cathay Pacific Airways Ltd. aircraft on the tarmac beyond the company's The Bridge lounge at Hong Kong International Airport in Hong Kong, on May 7, 2025. Lam Yik/Bloomberg/Getty Images Hong Kong —

Qatar Airways will sell its stake in Cathay Pacific Airways for $896 million, ending its eight-year shareholding in Hong Kong’s flagship carrier.

The Doha-based airline approached Cathay about selling its entire 9.6% holding, which Cathay will buy back at $1.4 per share – subject to the approval of its independent shareholders, according to its Wednesday filing .

The state-owned flag carrier of Qatar became Cathay’s third-largest shareholder in 2017 when it acquired the stake from Hong Kong-based Kingboard Chemical Holdings and other companies for $662 million. The purchase was the

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