Cathay Pacific is reciprocally one of the major shareholders of Air China. On 6 November 2017, Qatar Airways acquired a 9.6% shareholding of Cathay Pacific, becoming its 3rd largest shareholder. Cathay Pacific is the world's tenth largest airline measured in terms of sales, and fourteenth largest measured in terms of market capitalisation. In 2010, Cathay Pacific became the world's largest international cargo airline, along with main hub Hong Kong International Airport as the world's busiest airport in terms of cargo traffic. It is one of the founding members of the Oneworld alliance. Cathay Pacific's subsidiary Cathay Dragon is an affiliate member of
Cathay Building was converted back to a cinema and a hotel. The cinema was the first to show American and British films in Singapore. A new air-conditioning plant was installed in the building in 1948. The colonial government vacated the building to be returned to the Cathay Organisation. The Cathay Restaurant was officially reopened on 1 May 1948 under the management of Cathay Restaurant Ltd. In 9 January 1954, the building reopened as Cathay Hotel with 60 rooms and subsequently expanded to 170 rooms. It had a restaurant, nightclub, swimming pool and shopping arcade. Cathay Hotel was closed on 30 December 1970,