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Qatar Airways confirms Cargolux stake sale

Qatar Airways has sold its stake in freight-only airline Cargolux , the chief executive of Qatar Airways confirmed on Sunday.A spokeswoman for the Luxembourg state had said on December 19 that Luxembourg had taken back a stake in Cargolux from Qatar Airways with the intention of selling it on soon. Luxembourg sold the 35 percent stake to Qatar Airways last year, and bought it back for the original sale price of $117.5 million.(Reporting by Regan Doherty, Writing by William Maclean)...

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  1. Qatar Airlines to sell Cargolux stake after strategy differences

    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 s...

  2. Cargolux to take Boeing 747 freighter in two weeks

    The delay was because of General Electric Co <GE.N> engines not meeting performance guarantees, said Qatar Airways CEO Akbar Al Baker at an unrelated event at Boeing...

  3. Boeing and buyer blame contract snag for 747 delay

    BARCELONA, Spain (Reuters) - 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 it...

  4. Boeing scrubs planned first delivery of 747-8F

    (Reuters) - Boeing Co <BA.N> said on Friday it would not make the planned first delivery of its 747-8 Freighter to Cargolux <CLUX.UL> on Monday, citing "unresolved i...

  5. New Boeing freighter clears regulatory hurdle

    BOSTON (Reuters) - Boeing Co <BA.N> said its new, larger 747-8 freighter jet won the approval of U.S. and European safety regulators, clearing the way for the new ai...

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