CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: DR. KHALID MUBARAK AL-SHAFI

Business

Qatar Airways to sell Cargolux stake

Published: 18 Nov 2012 - 01:35 am | Last Updated: 05 Feb 2022 - 07:39 pm

BRUSSELS: Qatar Airways is to sell its stake in Luxembourg’s all-cargo airline Cargolux after a disagreement over the future direction of the airline, a Cargolux spokeswoman said yesterday.
Qatar Airways bought a 35 percent stake from the Luxembourg government and other parties last summer. “The Luxembourg and Qatari shareholders disagreed on the future strategic orientation of the airline, which led to Qatar’s decision to pull out of Cargolux,” a spokeswoman for Cargolux told Reuters. Qatar Airways was not immediately available to comment. .
Reuters