Another Gulf Carrier Backing: Qatar Airways Invests in Italy’s Meridiana

The state-owned flag carrier based in Doha, Qatar Airways, announced that it has finalized a deal with Sardinia-based airline Meridiana, to purchase a 49 percent stake in the Italian carrier, while Meridiana's parent company will retain the other 51 percent of the airline. Meridiana, which operates a small fleet of 16 airplanes and flies to 66 destinations from its six hubs and focus cities in Italy. Meridiana operates a small fleet of 16 airplanes and flies to 66 destinations from…