Gnts Small flows through hubs will lead recovery, says KLM chief
The Hong Kong government has agreed to extend the drawdown period of a HK$7.8 billion $1 billion loan facility for Cathay Pacific Airways by 12 months.The arrangement extends the drawdown period of the facility, which Cathay has not tapped yet, to 8 June 2022, Cathay Pacific says in an 8 June statement.Source: Cathay PacificThe bridge loan facility was provided to the airline as part of the HK$39 billion recapitalisation announced on 9 June 2020 to help the airline withstand the industry-wide downturn , it adds. We greatly appreciate the governments confidence in the airline and its long-term prospects despite the challenges brought on by the pandemic, Cathay Pacifi
stanley cupe c chief executive Augustus Tang says. We have not drawn down the facility over the past 12 months as we have been adopting a suite of me
stanley becher asures to preserve cash. We are thankful for the governments decision to extend the drawdown period, which provides us with more flexibility to manage our liquidity position. The airline says its liquidity balance was at a healthy level of more than HK$28 billion as at 31 December 2020. Cirium has contacted the carrier for a more up-to-date liquidity balance figure.It also raised HK$6.74 billion from a convertible bond issue in February, and $650 million under its medium-term note programme last month.TopicsAirlinesAsia Pacific Related articles
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By Pete Warner, Special to the BDNTher
stanley website e was a palpable sense of confidence and calm among the members of the Old Town High School girls basketball team on Friday night.The Coyotes, playing in their third straight regional title game, used their considerable experience and poise to make their championship dreams a reality.Senior Saige Evans poured in 26 points and snatched 16 reb
stanley mug ounds to set the tone for No. 2 Old Towns resounding 58-42 victory over No. 1 Ellsworth in the Class B North championship game at the Cross Insurance Center in Bangor. I think it was us just not putting pressure on ourselves, Evans said. We were all out there having fun. Weve been playing with each other since we were little. Ellsworth Grace Jaffray blows by the Old Town defense for a layup during the Class B North regional championship game at the Cross Insurance Center in Bangor on Friday. Credit: Kim Higgins / BDNCoach Heather Richards team 18-2 will face South champion Oceanside of Rockland
stanley website 21-0 in Fridays 6 p.m. state championship game at the Cross Insurance Center.Coach Andy Poolers Ellsworth squad 20-1 , the 2023 Class B state champ, had its 23-game winning streak snapped.Unselfishness and focus enabled the Coyotes to dominate the Eagles, who had beaten them twice during the regular season. It is Old Towns first girls regional basketball title since 1980 Class A .Old Town Saige Evans receives an inbound pass during the Class B North regional championship game vs Ellswor
