Thursday 11 April 2019

#Qatar Airways says Air Italy stake compliant with 2018 U.S.-Qatar aviation agreement - Reuters

Qatar Airways says Air Italy stake compliant with 2018 U.S.-Qatar aviation agreement - Reuters:

State-owned Qatar Airways on Thursday dismissed concerns its 49 percent stake in Air Italy breaches a 2018 aviation agreement between the United States and Qatar, designed to address U.S. concerns that Gulf airlines had an unfair competitive advantage.

The U.S is “looking very closely” at the deal after Republicans and Democrats said on Wednesday they were concerned it violated the agreement.

Qatar Airways bought a stake in Italian airline Meridiana in 2017, rebranded it Air Italy and transformed it into a carrier with five announced non-stop U.S. destinations from Milan.

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