Qatar Airways Buys 35% Of Cargolux

By Jens Flottau .

Qatar Airways on June 8 completed the partial takeover of Cargolux. The Doha-based airline bought a 35% stake in the cargo carrier. Financial details of the transaction were not disclosed.

“The agreement signed today is the first major step by Qatar Airways towards substantially expanding the cargo side of its operations,” said CEO Akbar Al Baker. “We seek ...

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