Qatar Airways Ltd. is examining a potential acquisition in Europe, where the carrier last year purchased a stake in freight operator Cargolux International SA, Chief Executive Officer Akbar Al Baker said today.
The Gulf region’s second-largest airline has “identified” a target or targets as it looks for takeover prospects, Al Baker said in a briefing at the Bahrain Air Show.
“We need to look at every business opportunity we can get,” Al Baker said of prospects in Europe. “I just want to make sure Qatar Airways grows in a very sustained environment.”
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