Qatar Airways ups stake in IAG to 25.1%
Feb 19, 2020: Qatar Airways Group has increased its shareholding in International Consolidated Airlines Group (IAG) from 21.4 percent to 25.1 percent.
“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,” said Qatar Airways Group’s chief executive Akbar Al Baker.
Baker reiterated that the airline will continue to consider opportunities to invest in airlines and support management teams that share its vision to enhance travel opportunities for airline passengers across the globe.
Qatar Airways first bought IAG stock in 2015.