Qatar Airways would back any IAG-Norwegian takeover, CE says

Qatar Airways would back partially-owned IAG if it decides to proceed with a takeover of Norwegian Air Shuttle, Qatar's CE said, while declining to give further details of his plans to set up a new airline. Qatar Airways is IAG's biggest shareholder, theoretically giving it some sway over IAG's strategy, which could involve the acquisition of Norwegian. As for Qatar Airway's own strategy, CE Akbar al-Baker was tight-lipped over plans revealed in April to set up a new airline, other than to repeat that he was interested in establishing an Indian domestic carrier. When asked if he was interested in setting up a new airline in a country other than India he replied: "Maybe", declining to give further details or say whether it would be a low-cost airline. <br/>