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...(FT) Hong Kong government to take stake in Cathay Pacific A state-backed HK$39bn ($5bn) recapitalisation programme will give the government a presence on the airline’s board, raising questions about potential...
...With BA having already warned on profits, analysts expect the airline to focus on job cuts rather than any signs of a market recovery....
...Asked about threats by the International Brotherhood of Teamsters, the union of many Laidlaw drivers, to disrupt the deal, Mr Lockhead said he expected no real trouble....
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