Swire and CITIC both reduced their holdings in Cathay and Air China bought 17.5% of it.
太古和中信都减少了对国泰和中国国际航空公司的拥有的股份的17.5%。
Cathay Pacific executives made brief visits to Beijing to share information with their Air China counterparts soon after those carriers reached their cross-shareholding agreement in 2006.
2006年国泰航空与中国国航达成互相持股协议后，国泰管理人员只是短暂访问了北京，与中国国航的同侪分享了信息。
Air China, in contrast, entered the latest round of negotiations with Cathay from a position of relative strength.
相比之下，国航在与国泰进入最后一轮谈判时，境况则相对较好。
Rather than mopping up shares in Cathay, Air China should now be turning the screw in a rebounding domestic market.
与其买入国泰股份，国航现在应该在反弹中的国内市场加大竞争力度。
Even if Air China has now shifted its sights to Cathay, it still does not have a clear route to a takeover.
即使如今国航已将目光转向了国泰，它的收购之路依然并非畅通无阻。
The goal is to boost China Eastern's profit to the level of 'a good performer,' he said, naming Air China, Cathay Pacific and Air France, part of Air France-KLM sa, as benchmarks.
李丰华说，他的目标是将东方航空的利润提高到优秀航空公司的水平，并举出中国国航、国泰航空和法国航空公司(airFrance)等为基准。
Cathay Pacific and air China announced a joint venture cargo airline in February 2009, and would present a wholly owned subsidiary of air China - air China cargo Co., Ltd. as a joint platform.
国泰航空和国航在2009年2月公告成立合资货运航空公司，将以目前的国航全资子公司-中国国际货运航空有限公司作为合资平台。
In the time of Columbus, China was known as Cathay.
在哥伦布的时代，中国被叫做卡塞。
In contrast, he claimed, Air China and Cathay Pacific share many more duplicate routes.
而相比之下，中国国航与国泰航空就有很多相同线路。
We also raise the target prices of Air China and Cathay Pacific.
相应上调中国国航和国泰航空的目标价。
Northern China was once called Cathay.
中国北方一度被称为华夏。
And Cathay"s average return on equity since 2002 is a third better than Air China"s own.
而自2002年以来，国泰的平均股本回报率比国航高出三分之一。
The two groups" original agreement outlines share ceilings in Cathay that Air China and Swire can only exceed with agreement of the other party."
两家集团的初始协议划定了国航和太古股份在国泰的持股上限，双方只有在对方同意的情况下，才可以超越这一限制。
Air China, for example, cannot make or accept a takeover offer that is not approved by Cathay "s board."
例如，未经国泰董事会批准，国航不得发出或接受收购要约。
Air China, for example, cannot make or accept a takeover offer that is not approved by Cathay "s board."
例如，未经国泰董事会批准，国航不得发出或接受收购要约。
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