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Bailout of Hong Kong's Cathay Pacific gets investors' scrutiny

Analysts say $5bn plan comes amid uncertain long-term outlook for global industry

HONG KONG -- A day after the Hong Kong government said it would spend about $5 billion to bail out Cathay Pacific Airways, the city's leading airline, analysts remained skeptical on the company's long-term outlook, even though the rescue plan will address some short-term cash issues.

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