Skip to content
Subscriber Only

Qatar Air Content With IAG Stake, Plans Major Italian Push

  • CEO Al Baker won’t seek seat on British Airways owner’s board
  • Italy’s Meridiana would get makeover, A330 wide-body jets
Updated on

Qatar Airways Ltd. Chief Executive Officer Akbar Al Baker said he’s happy with the level of the company’s 15 percent stake in British Airways owner IAG SA and won’t seek a seat on the London-based company’s board.

Al Baker said he views the holding as a strategic investment that will aid cooperation in areas such as joint fleet purchases, rather than a financial stake, and has no plans to raise it beyond the current level.