Germany’s Lufthansa says not open to Qatar investment | The Daily Star
12:00 AM, December 03, 2019 / LAST MODIFIED: 12:00 AM, December 03, 2019

Germany’s Lufthansa says not open to Qatar investment

Lufthansa responded coldly on Monday to a report that rival Qatar Airways was interested in taking a stake in or collaborating with the German airline.

The Gulf carrier, which holds minority stakes in airlines including IAG, Cathay Pacific, and China Southern Airlines, has been seeking to boost collaborations.

Its chief executive Akbar al-Baker was quoted by German news agency dpa on Sunday as saying he was interested in investing in Lufthansa to seize business opportunities in Europe’s biggest economy.

“We did not have Lufthansa privatised in Germany to have it nationalised in Qatar,” a Lufthansa spokesman said.

Initially, Qatar Airways would also look into a partnership with Lufthansa to ramp up air transport services and tourism in Germany, Al-Baker told dpa in Doha on the sidelines of a visit of the premier of regional state Lower Saxony to Qatar.

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