Wednesday 23 July 2014

Qatar Airways confirms Cargolux stake sale

  Qatar Airways has sold its entire 35 percent stake in freight-only airline Cargolux, the chief executive of Qatar Airways confirmed on Sunday.   "We sold our stake back to the Luxembourg auth


Qatar Airways pulls out of Cargolux

Luxembourg said on Wednesday it had taken back a stake in freight-only airline Cargolux from Qatar Airways (QA) with the intention of selling it on soon. Luxembourg sold the 35 percent stake to Qatar Airways last year, and bought


Qatar Airways sells stake in EU cargo airline

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 on Saturday. Qatar Airways bought a 35 per cent stake fro


Boeing, Cargolux blame contract snag for 747 delay

Boeing scrambled on Monday to iron out contract problems that forced it to postpone delivery of a 747 jumbo jet for the first time in its 40-year history, driving down its shares. The US planemaker was due to deliver the first freighter ve


Qatar Airways buys stake in top EU freight firm

Qatar Airways said it has bought a 35 per cent stake in Luxembourg-based Cargolux, as leading air freight firm in Europe operating a modern fleet of 16 B747-400 freighters. Announcing the deal, Cargolux International Airlines said the two


Qatar Airways to buy Cargolux stake; eyes more

Qatar Airways, one of the Arab world's largest carrier, expects to sign a deal for a 33-percent stake in European all-cargo airline Cargolux in a few weeks, its chief executive said on Monday.    Cargolux, Europe's

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