Jan 28 2012 |
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Qatar Airways, Catalonia's Government End Talks On Spanair Sale
Saturday, Jan 28, 2012
(This story was originally published Friday.)
BARCELONA (Dow Jones)- Qatar Airways has walked away from talks to take over loss-making Spanish airline Spanair after months of talks, a spokeswoman for the government of Catalonia said Friday.
The government of Catalonia, Spanair's main shareholder, will look at whether there are other viable alternatives for the carrier, and also hear potential options proposed by Spanair's management, the spokeswoman added.
Spanair's former owner, Scandinavian airline SAS AB (SAS.SK), still owns 11.9% of Spanair.
(END) Dow Jones Newswires
28-01-12 0722GMT
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