QIA buys 50% stake in Qatar Airways | QIA buys 50% stake in Qatar Airways -

QIA buys 50% stake in Qatar Airways

: Wednesday, May 07 - 2014 @ 09:47

Akbar al-Baker, chief executive of Qatar Airway has said the airline is now fully government-owned after the country’s sovereign fund, Qatar Investment Authority (QIA), bought a 50% stake from the Gulf country’s former prime minister, Sheikh Hamad bin Jassim al-Thani, and other shareholders, Reuters has reported. “We became fully government owned in July last year,” al-Baker told reporters in Dubai. After the ownership change, al-Baker said he’s interested in acquiring a stake in India’s IndiGo airline.

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Wednesday, May 7- 2014 @ 9:47 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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