Qatar Airways considers shopping for Lufthansa stake – report

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Qatar Airways considers shopping for Lufthansa stake – report

FRANKFURT, Dec 2 (Reuters) - Qatar Airways is contemplating taking a stake in Germany's Lufthansa L


FRANKFURT, Dec 2 (Reuters)Qatar Airways is contemplating taking a stake in Germany’s Lufthansa LHAG.DE, its chief government Akbar al-Baker was quoted as saying by German information company dpa.

“If there is a chance to spend money on Lufthansa, we wish to do it,” Akbar Al-Baker informed dpa in Doha on Sunday on the sidelines of a go to of the premier of regional state Decrease Saxony, Stephan Weil, to Qatar.

Initially, Qatar Airways would additionally look right into a partnership with Lufthansa, Al-Baker was quoted as saying.

“Germany is a vital nation for us, each by way of air transport providers and by way of growth of tourism,” he mentioned.

Qatar Airways didn’t instantly reply to a request for remark.

Shares in Lufthansa had been up 2% at 0736 GMT on Monday.

(Reporting by Ludwig Burger; Modifying by Alexander Smith)

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