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Qatar exits 35% stake in Cargolux

Cargolux Airlines (CV) confirmed Monday that Qatar Airways (QR) will exit its 35% shareholding in the carrier.

QR had reportedly sought to increase its shareholding to 49% (ATW Daily News, March 28).

Cargolux Airlines (CV) confirmed Monday that Qatar Airways (QR) will exit its 35% shareholding in the carrier. QR had reportedly sought to increase its shareholding to 49% (ATW Daily News, March 28). “Notwithstanding these developments, the Cargolux shareholders Luxair, BCEE and SNCI have confirmed their full confidence and support of Richard Forson, the interim president and chief executive officer, and his management team as they take the airline forward through this difficult ...

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