Qatar Airways lifts IAG stake to 25%
Qatar Airways has increased its shareholding in IAG from 21.4% to 25.1%. The carrier initially took a stake in IAG at the start of 2015, before increasing it to just over a 20% in 2016. “Our investment to date has been highly successful and the announced increase in our shareholding is evidence of our continued support of IAG and its strategy,” says Qatar Airways Group CE Akbar Al Baker. IAG late last year agreed a deal to acquire Spanish carrier Air Europa. The move comes a month after IAG lifted restrictions on stakes held by non-EU shareholders, implemented in Feb 2019 to ensure IAG remained majority EU-controlled. In lifting the restrictions, IAG noted that as of Jan 19 39.5% of its shares were held by relevant non-EU persons. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2020-02-20/oneworld/qatar-airways-lifts-iag-stake-to-25
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Qatar Airways lifts IAG stake to 25%
Qatar Airways has increased its shareholding in IAG from 21.4% to 25.1%. The carrier initially took a stake in IAG at the start of 2015, before increasing it to just over a 20% in 2016. “Our investment to date has been highly successful and the announced increase in our shareholding is evidence of our continued support of IAG and its strategy,” says Qatar Airways Group CE Akbar Al Baker. IAG late last year agreed a deal to acquire Spanish carrier Air Europa. The move comes a month after IAG lifted restrictions on stakes held by non-EU shareholders, implemented in Feb 2019 to ensure IAG remained majority EU-controlled. In lifting the restrictions, IAG noted that as of Jan 19 39.5% of its shares were held by relevant non-EU persons. <br/>
