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China’s Crackdown on Cathay Raises Questions on Air China’s Next Move

By Angus Whitley and Kyunghee Park, Bloomberg

Qilai Shen/Bloomberg

Air China plane seen at Beijing International Airport. The carrier owns 30 percent of Cathay Pacific. Qilai Shen/Bloomberg

Skift Take: Should Air China, which owns 30 percent of Cathay, buy more of the Hong Kong-based airline and become an even stronger China insider at the carrier? Or should it sell and wash its hands of a company that has incurred the wrath of the mainland? The latter sounds highly unlikely.

— Raini Hamdi

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