Qatar Airways increases IAG shareholding to 25%

Qatar Airways Group has raised its shareholding in International Consolidated Airlines Group, S.A (IAG) to 25.1 percent.

The Doha-based group acquired its first IAG shares in 2015 and has been the single largest shareholder  since 2016 with 21.4 percent of IAG shares.

Akbar Al Baker, chief executive, Qatar Airways Group, commented: “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.

“Qatar Airways continues to consider opportunities to invest in airlines and support management teams that share our vision to enhance travel opportunities for airline passengers across the globe.”

Posted in Air

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