Thursday, 10 January 2013

Gulf Daily News » Business News » Qatar Airways mulling stake

Qatar Airways is studying taking a stake in Czech Airlines (CSA), the chief executive of the Qatari company said yesterday.

"Yes, we are studying Czech Airlines," Akbar Al Baker said. "We are getting data from the banks and entities responsible for arranging the privatisation, but we have not engaged in talks."

Al Baker said the airline would only look at a minority stake. He also said his company was interested in the privatisation of CSA, but had not taken a decision on whether to participate in it.

The Czech government said it was in early stage talks with Qatar Airways and Korean Air over the privatisation of the carrier, adding a decision could be taken as early as April.End

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