Cargolux confirms Qatar Airways interest

European freight airline CargoLux has confirmed that it is in talks with Doha-based airline, Qatar Airways to sell a 30% stake to the Gulf carrier.

According to Air Transport Intelligence the deal could be concluded within the next few weeks, "There are indeed talks with Qatar Airways under way about a 35% stake in Cargolux," spokeswoman for the carrier told ATI. "If all terms and conditions are met, the deal could be closed in the next few weeks."