Qatar Ups Stake in British Airways / Iberia / Aer Lingus Parent IAG to 20%

by Adam

Qatar Airways said on Monday that it now owns a little more than a fifth of British Airways / Iberia / Aer Lingus parent IAG. Qatar upped its stake to 20.01% as of last Thursday from 15.67%, thanks to an attractive market valuation post Brexit. According to Business Insider, the Qatari state-backed carrier reiterated that the transaction was “purely financial” and is focused on commercial and strategic ties between the airlines.

IAG tailfins

The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

0 comment
0

Related Articles

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

BoardingArea

Point Me Awake

  

A morning jolt of travel-infused news & deals straight to your inbox. 

 

Success! Check your email for a welcome onboard message