PPRuNe Forums - View Single Post - Joining Qatar Airways (QR) - all you need to know about it (threads merged)
Old 8th Jun 2011, 17:01
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Brian Cohen
 
Join Date: Apr 2011
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Thusday QR big party

* Qatar Airways to take 35 percent stake

* Deal to be signed on Thursday

* Qatar Airways seen as long-term investor

BRUSSELS, June 8 (Reuters) - Qatar Airways is on the verge of buying a 35 percent stake in Cargolux, providing a long-term investor for Europe's largest all-freight airline.

A Cargolux spokeswoman said on Wednesday that a deal would be signed on Thursday, with Qatar Airways acquiring holdings that the Luxembourg state and other groups bought during the economic crisis.
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