HK: Cathay Pacific to gain full control of cargo carrier with $282m DHL deal

HK: Cathay Pacific to gain full control of cargo carrier with $282m DHL deal

Photo: Cathay Pacific Twitter account.

Hong Kong’s Cathay Pacific Airways Ltd on Monday said it would sell eight freighters to DHL International for HK$2.199 billion ($281.89 million) and lease them back as part of a deal to gain full control of cargo airline Air Hong Kong.

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