Qatar Airways Ups Its Investment To 25.1 % In BA Parent Company IAG

  • Date: 20-Feb-2020
  • Source: Business Live ME
  • Sector:Economy
  • Country:Qatar
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Qatar Airways Ups Its Investment To 25.1 % In BA Parent Company IAG

Home Economy Aviation Qatar Airways Ups Its Investment To 25.1 % In BA Parent Company.... Qatar Airways Ups Its Investment To 25.1 % In BA Parent Company IAG. Qatar Airways has upped its investment in International Consolidated Airlines Group , S.A. ("IAG") from 21.4 per cent to 25.1 per cent, by buying a US$600 million stake in the British Airways' parent company.. One of Middle East's largest airlines, Qatar Airways has been investing in other carriers having bought some of its holdings after United Arab Emirates and Saudi Arabia banned it from their airspace after a regional political dispute, which Qatar Airways has blamed for its recent losses.. The airline also has minority stakes in Cathay Pacific and China Southern and had earlier this month indicated that it was looking to double its stake in LATAM Airlines Group (LTM.SN) to 20 per cent and was in talks to buy a 49 per cent share in Africa's RwandAir.. The airline also owns 49 per cent of Air Italy, whose investors this month said was being placed into liquidation because of "persistent and structural market problems"..