CX Banned (kind of) by China

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Old Aug 11, 19, 8:02 pm   -   Wikipost
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This thread is to discuss the facts and practical implications of the China ruling on airspace and Cathay crew flying through the airspace.

For non-CX impact on travel to HK, please go to this thread in HK/Macau https://www.flyertalk.com/forum/hong...ns-travel.html

If you would like to discuss the political motivations or opinions on this, please go to this thread in OMNI/PR https://www.flyertalk.com/forum/omni...-protests.html
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Old Aug 16, 19, 2:13 am
  #166  
 
Join Date: Jan 2011
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China CITIC Bank Intl bans staff from traveling on CX, but don't CITIC own 17.5% of CX??

https://www.bloomberg.com/news/artic...cathay-pacific
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Old Aug 16, 19, 5:29 am
  #167  
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Originally Posted by CX HK View Post
China CITIC Bank Intl bans staff from traveling on CX, but don't CITIC own 17.5% of CX??

https://www.bloomberg.com/news/artic...cathay-pacific
CITIC Bank (HK) is a tiny player within the group of companies, but their shunning of CX is still significant.
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Old Aug 16, 19, 11:17 am
  #168  
 
Join Date: Sep 2005
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Originally Posted by CX HK View Post
China CITIC Bank Intl bans staff from traveling on CX, but don't CITIC own 17.5% of CX??
That was long time ago. CITIC sold its shares to CA and Swire in 2009. Before the CX-KA merger, CITIC used to be a major shareholder of KA.

In fact, recetly there were rumours that CITIC may want to buy HX shares. See https://www.scmp.com/business/compan...talks-buy-hong
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