Qatar Airways expects buying 25% stake in Moscow Vnukovo airport soon

0
97

Qatar Airways hopes to sign a document launching the procedure of acquisition of a 25-percent stake in the shares of Russia’s Vnukovo International Airport within several weeks, Qatar Airways Group CEO Akbar Al Baker told Russian news website Sputnik.

In April 2018 Qatar Airways and Vnukovo International Airport signed a memorandum of understanding that presupposes the possibility of purchasing a 25-percent stake in the airport by the airline.

“We are doing the due diligence because, you know, we have to look at the business model and everything. And we are very keen to take this. I hope we sign soon as soon we finish the due diligence. Should be weeks,” Al Baker said.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.