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Tuesday, 27 March 2018

Qatar Airways plans to buy stake in Russian airport as emir visits Moscow

Qatar Airways plans to buy stake in Russian airport as emir visits Moscow:

"Qatar Airways announced plans on Monday to buy a 25 percent stake in Russia’s Vnukovo Airport, the third-largest in the Moscow area by passenger numbers.

The deal was announced on the same day that Qatar’s Emir, Sheikh Tamim bin Hamad al-Thani, met President Vladimir Putin in the Kremlin.

A Qatar Airways spokeswoman told Reuters the airline had signed a memorandum of understanding to buy the minority stake and that it now had eight weeks to finalize the transaction. "



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