Qatar Airways is considering buying a stake in Lufthansa
(Images by Airbus)
Qatar Airways CEO Akbar Al Baker says:
“If there is an opportunity to invest in Lufthansa, we would like to do it.
Germany is a very important country for us, both in terms of air transport services and in terms of development of tourism,”
Initially, Qatar would like to form a partnership with Lufthansa.
Qatar Airways has been investing in many airlines around the world. Qatar currently has a stake in:
- IAG (British Airways, Aer Lingus, Iberia, Vueling, Air Europa): 21.46%
- LATAM Airlines: 10%
- Cathay Pacific : 9.6%
- Air Italy: 49%
- China Southern Airlines: 5%
Qatar has even offered to purchase a stake in American Airlines but was rejected.
Of course, if Qatar goes through, Lufthansa may not accept the agreement.
Do you guys think Qatar will go through with this?