Inma Benedito, Qatar Airways, the largest shareholder of the holding company IAG, formed by British Airways, Iberia, Vueling and Aer Lingus, has acquired 49% of the Italian Meridiana, just days after announcing an investment of $ 618 million to gain 10 % in Latam, Latin America's largest airline. Financial details of the transaction were not disclosed.
Qatar thus continues its expansion plans after taking 49% of the second largest airline in Italy, a transaction expected to close in October.Q Akbar Al Baker, CEO of Qatar Airways, said the group "continues to expand its business opportunities worldwide, increasing travel options for our passengers" Meridiana, who has been making losses, connecting the major cities of Italy with destinations in Europe, Africa and the US. Qatar has decidido enter Meridiana, days after stating he would not rule retire by the opposition of unions to accept layoffs and adjustment measures in the Italian group.
Qatar Airways has increased relevantly in the last decade by opening new routes and buying companies and shares in the sector. The group might be interested in Royal Air Maroc.
Airbus and Boeing orders.
The European aeronautics group Airbus has signed orders for aircraft and purchase commitments 35,000 million (31,500 million euros) during the fair in Farnborough. Its US rival Boeing has signed contracts worth 26.800 million dollars.
Barcelona Air Route Development Committee
promotes Barcelona Airport intercontinental flights