Qatar Airways to go ahead with American Airlines stake buy

Dhaka,  Mon,  21 August 2017
Published : 13 Jul 2017, 13:20:24
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Qatar Airways to go ahead with American Airlines stake buy despite codeshare ending

Reuters
Qatar Airways Chief Executive said on Thursday the airline still planned to buy a stake in American Airlines despite the US carrier ending a code-share agreement between the two companies.

American Airlines on Wednesday said it was ending its code-share agreements with Qatar Airways and Etihad Airways. Separately, it said Qatar Airways had withdrawn and refiled its notification to buy a stake in the US carrier.

"Our stock purchase request and filing is going ahead as normal. We had to clarify certain questions of the regulator, which we compiled with," Qatar Airways Chief Executive Akbar al-Baker told reporters in Doha.
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