Google+ Followers

Wednesday, 9 August 2017

Qatar Air Targets Other U.S. Investments After American Spat - Bloomberg

Qatar Air Targets Other U.S. Investments After American Spat - Bloomberg:

"Qatar Airways hasn’t given up on investing in the U.S. after scrapping plans to buy a stake in American Airlines Group Inc. amid opposition from the Fort Worth, Texas-based company.

“We have other opportunities, both in America and North America, which we will consider,” Akbar Al Baker, the Persian Gulf carrier’s chief executive officer, said Wednesday in Doha, the Qatari capital. “I have some things in mind. The U.S. is an important market for us.”

Qatar Airways ended its interest in American on Aug. 2 after the U.S. company’s chief, Doug Parker, said he wasn’t keen on having the Gulf carrier as a shareholder. While the airlines are partners in the Oneworld alliance, the approach came as a surprise since American had publicly opposed the growth of Mideast airlines in the U.S., claiming they’ve benefited from $50 billion in illegal aid."



'via Blog this'