Qatar Airways has increased its stake in International Airlines Group (IAG) from 21.4 percent to 25.1 percent with a $600m buy-up. The move comes a little over a week after Air Italy which Qatar Airways had a 49 percent stake in ceased operations. In announcing the increased shareholding Qatar Airways Group Chief Executive Akbar Al Baker said: “Our investment to date has been highly successful and the announced increase in our shareholding is evidence of our continued support of IAG…
Qatar Airways has a dominating presence at this year’s Farnborough International Airshow with six aircraft on display, including the showpiece Airbus A350-1000, a Boeing 777-300ER, a Qatar Cargo Boeing 747-8F, a JetSuiteX Embraer E-135 (of which Qatar Airways is a minority shareholder) and an Air Italy Boeing 737 MAX (of…
Just this morning, Qatar Airways has announced it will continue with its rapid expansion, adding Atlanta, Boston and Los Angeles to its route map by 2016. Once all three routes are added, Qatar will serve 10 destinations in the US, furthering its reach as it attempts to compete with both…
