Translating…
Qatar Airways says it has elevated its piece within the parent company of British Airways, Global Airlines Group, from 21.4 % to 25.1%
February 19, 2020, 9: 27 AM
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DUBAI, United Arab Emirates — Qatar Airways said Wednesday it has elevated its piece within the parent company of British Airways, Global Airlines Group, from 21.4 % to 25.1%.
IAG, which operates a resolution of lots of European carriers akin to Eire’s Aer Lingus and Spain’s Iberia, is one of the most field’s supreme airline groups, with 573 aircraft carrying spherical 118 million passengers a year. It is a Spanish registered company with shares traded on the London and Spanish stock exchanges.
Qatar Airways Group Chief Executive Akbar Al Baker said the decision to gain better the company’s stake in IAG is a reflection of how winning its funding within the European airline community has been so some distance.
Qatar’s Doha-essentially based national provider is one of the most supreme and quickest-risingairlineswithin the Heart East, nevertheless its boost has been hampered over the last two years by flight restrictions from three neighboring Gulf states and Egypt, that are locked in a political dispute with Qatar.
