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 ...

Subscribe to Access this Entire Article

"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.