Qatar Airways agrees to buy 49% stake in Italy’s Meridiana | GulfNews.com

Qatar Airways agrees to buy 49% stake in Italy’s Meridiana | GulfNews.com:

"Qatar Airways agreed on Thursday to buy a 49 per cent stake in Meridiana, bringing months of negotiations to a close and likely saving the Italian airline from financial collapse.

Qatar Airways has signed a “contribution and shareholders agreement” with Meridiana parent company Alisarda at the Farnborough Airshow in the United Kingdom, the Doha-based carrier said on its website, without disclosing the value of the deal.

“This agreement sets the path to progress our work towards a strong resolution that benefits both the staff and passengers who travel with Meridiana fly,” Qatar Airways group chief executive Akbar Al Baker said."



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