Qatar Airways expands airline investments with Italy's Meridiana

Qatar Airways expands airline investments with Italy's Meridiana:

"Qatar Airways said on Thursday it had acquired a 49 percent stake in AQA Holding, the new parent company of Italy’s Meridiana, adding to its growing portfolio of investments in foreign airlines.

Previous sole owner Alisarda retains 51 percent, the major Middle East airline said in a statement.

Loss-making, Sardinia-based Meridiana is Italy’s second largest carrier behind Alitalia [CAITLA.UL], which is partly owned by Abu Dhabi’s Etihad Airways. Alitalia filed for administration earlier this year."



'via Blog this'