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…
Two months after taking a 60 percent stake in the newly constructed Kigali's Bugesera International Airport in Rwanda, an airport that will accommodate 10 million passengers yearly, Qatar Airways is now negotiating for a 49 percent stake in RwandAir. This news was first announced by Qatar Airways CEO Akbar Al-Baker…
London's Gatwick Airport had its busiest September on record this year, with passenger numbers reaching 4.5 million. The airport, which was ranked as the U.K.'s second busiest airport by passenger numbers, said in a press release that their North Atlantic routes saw high growth rates at an overall 20.5 percent,…
