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%。

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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。

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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。

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The relationship between Air China and Cathay Pacific Airways appears to be growing even closer.

FORBES: Air China Leads Cathay Into Shanghai

But China is likely to be cautious in granting Cathay additional flights given opposition from home carriers including Shanghai-based China Eastern Airlines as the fragmented Chinese airline industry consolidates.

CNN: Cathay Pacific returns to China

China Airlines, Thai Airways, Cathay Pacific and Dragonair have all cancelled routes or reduced their frequency.

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