Qatar Airways, one of the Arab world's largest carrier, expects to sign a deal for a 33-percent stake in European all-cargo airline Cargolux in a few weeks, its chief executive said on Monday.
Cargolux, Europe's largest all-cargo airline, has previously said it was in talks to sell stake to a strategic investor. [ID:nLDE73H0MC]
'We are soon going to sign an agreement with them (Cargolux) ... in a few weeks. We see there are synergies and Qatar Airways would like to expand,' Chief Executive Akbar Al Baker told reporters in Dubai. He did not give a value for the deal.
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