20-Nov-2012 8:59 AM

Cargolux confirms Qatar Airways' stake sale, chairman to step down

Cargolux confirmed (19-Nov-2012) Qatar Airways' plan to sell its 35% stake in the carrier. Cargolux also announced chairman Albert Wildgen plans to step down from the position on 30-Nov-2012. The airline said, "There are many significant challenges facing Cargolux and the shareholders remain committed to implementing those actions that will ensure it long term sustainability." [more - original PR]

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More