Earlier this year it made a bid to buy 10 percent in American Airlines, the United States' largest carrier, but the deal went sour and Qatari officials eventually said that "it no longer met" Qatar Airways' goal.
The Middle Eastern carrier said it bought nearly 3.8 million Cathay shares, which represents a 9.6 per cent stake in Hong Kong's biggest airline.
The state-owned Gulf carrier said it had acquired a 9.6 percent stake in Cathay, which would make it the third-largest shareholder in the Hong Kong airline. According to Reuters, Qatar Airways bought roughly 378 million of Cathay Pacific's shares from Hong Kong's Kingboard Chemical Holdings for about US$661 million. Air China Limited and Swire Pacific Limited together continue to hold 74.99 percent shares of the airline.
Without having domestic flights as a way to underpin its earnings, carriers in Asia such as Singapore Airlines and Cathay has struggled against Middle East and Chinese rivals, as Cathay already has shed over 600 jobs over the last six months.
Qatar adds that the investment "further supports" the airline's investment strategy.
Since June, Qatar has been isolated by neighbouring countries including Saudi Arabia and the United Arab Emirates.
Despite Cathay's woes, Qatar Airways chief executive Akbar al-Baker described it as "one of the strongest airlines in the world. with massive potential for the future". Qatar owns slightly more than 20% of IAG, the parent of British Airways, Iberia, Aer Lingus, Vueling and Level; 10% of South America's LATAM Airlines Group; and 49% of Italian carrier Meridiana.
How would you celebrate a World Series title? But when he wasn't raking, Correa was getting ready to surprise Rodriguez. Rodriguez was the 2016 victor of Miss Texas USA and the 2013 victor of Miss Texas Teen USA.
He added: "There should not be even one polling booth where this termite called the Congress is allowed to thrive". But now more than three lakh tonne of apples are being imported from US, China and New Zealand.
Bush's fear, Updegrove told CNN, "There's no question that I think there's a battle for the soul of the Republican Party". But he insisted Cheney served him well and said the vice president's sometimes dark reputation was inevitable.
A few minutes later, ESPN's Adam Schefter tweeted that on-site tests on Watson's knee affirm that he did tear his ACL. Watson finished the game going 12 for 23 in pass attempts for 102 yards with one touchdown and one interception.
He has had a tremendous impact on the club over the past 10 years and this is evident in everything we have achieved. I wish Chelsea every success and look forward to following the club's future triumphs from afar, ' he added.
A 40-yard catch from Taylor Gabriel and touchdown pass to Tevin Coleman put the Falcons back in it with about four minutes to go. Running back Jonathan Stewart had two fumbles on his first three carries and the Falcons were able to jump out to a 10-0 lead.
That was one of four touchdown passes on the day for second-year quarterback Jared Goff , three of which came in the first half. NY has dominated the all-time series of late, winning seven straight meetings since being edged by the Rams 15-14 in 2001.
Israeli army pledges help to Syrian Golan village
Clashes were reported between government and rebel forces, and one Israeli was lightly wounded by spillover fire. In Majdal Shams, Druze residents gathered along the buffer zone seeking to cross over and help.
Michigan State holds on for rain-soaked win over Penn State
The penalty moved the ball to the Penn State 22, and the Spartans were able to run the clock down before Coghlin's winning kick. Heavy rain and lightning in East Lansing forced the two teams into the locker room during the second quarter.