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Qatar Airways interested in more airline stakes


[Reuters] - Qatar Airways would like to raise its stake in the owner of British Airways and Iberia at some point and may invest in other well-run airlines, its chief executive said on Wednesday. Qatar Airways bought a 9.99 percent stake in International Consolidated Airlines Group (IAG) in January, aiming to forge closer ties to a company with two major European hubs and strong transatlantic networks. Asked whether Qatar Airways would like to buy more of its oneworld partner, Chief Executive Akbar Al Baker said: "Yes, we would like to increase our stake in IAG at a later date. Qatar Airways will also keep investing in other well-managed carriers to diversify its income from the main airline.


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