Qatar Airways Extends Global Ambitions With Latam Investment - Bloomberg

Qatar Airways Extends Global Ambitions With Latam Investment - Bloomberg:

"Qatar Airways is extending its global ambitions with plans to buy a stake in Latam Airlines Group SA, securing a partnership with South America’s biggest carrier as it scouts for opportunities to lock down relationships with other airlines. 
Qatar will buy as much as 10 percent of Santiago, Chile-based Latam for $613 million, the No. 2 Gulf carrier said Tuesday at the Farnborough Air Show. With the agreement, Qatar is making its second investment in a fellow member of the Oneworld alliance after building up a 15.7 percent stake in IAG SA, which is one of Latam’s closest allies. "



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