Saturday 28 January 2012

Spanair Considering Its Future as Qatar Airways Scraps Bid - Bloomberg

Qatar Airways Ltd., the second- biggest Gulf carrier, pulled out of talks about a bid for Barcelona-based Spanair, prompting it to call a board meeting to consider its future, a spokesman for the European company said.
The regional government of Catalonia, or Generalitat de Catalunya, informed Spanair that Qatar had withdrawn from negotiations, Josep Garriga said today by phone. The government indicated it may stop financing the business, he said.
“We’ve been in talks with airlines to add a strategic partner,” Garriga said. “Qatar Airways, one of the companies interested, isn’t interested anymore, according to Generalitat.”

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