Qatar Airways will buy a 25% stake in Russia’s Vnukovo airport, says Al Baker

Qatar Airways will buy a 25% stake in Russia’s Vnukovo airport, says Al Baker

QLNews
By QLNews

In another major move, Qatar Airways is set to buy a 25% share in Russia’s Vnukovo International Airport, one of the four major airports which serves the capital Moscow, reported Al Jazeera.

Akbar Al Baker, the national carrier’s chief executive, made the announcement on Monday, according to a report by Russia’s news agency Interfax.

The deal — the financial details of which were not yet disclosed — comes as Qatar’s HH The Emir Sheikh Tamim bin Hamad Al Thani is on a short work visit to Moscow.

A Qatar Airways spokeswoman said the airline had signed a memorandum of understanding to buy the minority stake and that it now had eight weeks to finalize the transaction, according to Reuters.

The airport is co-owned by the Russian state, which has a blocking stake, and Russian businessman Vitaly Vantsev and his partners.

Qatar’s sovereign wealth fund, the Qatar Investment Authority, owns a 20% stake in London’s Heathrow airport.

The Vnukovo Airport, which is located southwest of Moscow, is the third-busiest airport in the country by passenger traffic.

By Diane Boher• 29 Mar 2018 12:37
Diane Boher

Now our company is on the verge of big changes. We are also expanding our staff headquarters. I am engaged in the selection of personnel, and I turn about a hundred resumes per day. According to some criteria I need to select at least two people. I am helped to cope with such a turnover of documents this pdf editor . Sometimes I can not use my laptop, I'm flipping the PDF documents on my phone! It's very convenient for me. And with online editor, I can make notes in some documents in same time.

Log in or register to post comments

More from Qatar Living

Qatar’s top beaches for water sports thrills

Qatar’s top beaches for water sports thrills

Let's dive into the best beaches in Qatar, where you can have a blast with water activities, sports and all around fun times.
Most Useful Apps In Qatar - Part Two

Most Useful Apps In Qatar - Part Two

This guide brings you the top apps that will simplify the use of government services in Qatar.
Most Useful Apps In Qatar - Part One

Most Useful Apps In Qatar - Part One

this guide presents the top must-have Qatar-based apps to help you navigate, dine, explore, access government services, and more in the country.
Winter is coming – Qatar’s seasonal adventures await!

Winter is coming – Qatar’s seasonal adventures await!

Qatar's winter months are brimming with unmissable experiences, from the AFC Asian Cup 2023 to the World Aquatics Championships Doha 2024 and a variety of outdoor adventures and cultural delights.
7 Days of Fun: One-Week Activity Plan for Kids

7 Days of Fun: One-Week Activity Plan for Kids

Stuck with a week-long holiday and bored kids? We've got a one week activity plan for fun, learning, and lasting memories.
Wallet-friendly Mango Sticky Rice restaurants that are delightful on a budget

Wallet-friendly Mango Sticky Rice restaurants that are delightful on a budget

Fasten your seatbelts and get ready for a sweet escape into the world of budget-friendly Mango Sticky Rice that's sure to satisfy both your cravings and your budget!
Places to enjoy Mango Sticky Rice in  high-end elegance

Places to enjoy Mango Sticky Rice in high-end elegance

Delve into a world of culinary luxury as we explore the upmarket hotels and fine dining restaurants serving exquisite Mango Sticky Rice.
Where to celebrate World Vegan Day in Qatar

Where to celebrate World Vegan Day in Qatar

Celebrate World Vegan Day with our list of vegan food outlets offering an array of delectable options, spanning from colorful salads to savory shawarma and indulgent desserts.