Qatar said to be buying into Cargolux

Speculation has again arisen that Qatar Airways will buy into Cargolux with purchase of 33 per cent of the Luxembourg maindeck carrier, a deal estimated to be worth €300 million. News reports citing unnamed sources have said the deal is nearing completion. Neither Qatar nor Cargolux have confirmed the deal. The deal is seen as […]


acquisition Cargolux Qatar Airways Cargo


Speculation has again arisen that Qatar Airways will buy into Cargolux with purchase of 33 per cent of the Luxembourg maindeck carrier, a deal estimated to be worth €300 million. News reports citing unnamed sources have said the deal is nearing completion. Neither Qatar nor Cargolux have confirmed the deal. The deal is seen as a win-win for both carriers as Qatar Airways Cargo will feed their North- and Latin America destined shipments into Luxembourg¡¯s Findel airport where Cargolux will then fly them across the Atlantic. For Cargolux, the opportunity likes in their ability to increase their presence in Doha by transferring some of their African- or Southeast Asian-bound shipments to Qatar Airways Cargo.