Qatar Airways Incre...
 

Qatar Airways Increases IAG Stake To 25.1%

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Qatar Airways has just increased their stake in IAG, the parent company of British Airways, Iberia, and Aer Lingus. It has today been announced that Qatar Airways has increased their stake in IAG from 21.4% to 25.1%. Qatar Airways' CEO, Akbar Al Baker, says that the investment has been successful so far, and that Qatar…

Continue reading: Qatar Airways Increases IAG Stake To 25.1%

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12 Replies
(@Semperfi82)
Joined: 9 years ago

Posts: 17

Don’t they also own stakes in CZ and XE?


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(@VT-CIE)
Joined: 7 years ago

Posts: 66

Yes. QR has a 5% stake in CZ, and MF (if you mean Xiamen Air), while not directly involved with QR, is owned by CZ. Though CZ has now left SkyTeam, MF is still in. However, QR's and AA's involvement does not lead to CZ joining Oneworld. In another part of the Pearl River Delta, QR owns CX too.


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Diamond
(@pierre-2)
Joined: 5 years ago

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Posts: 507

What about last year's tantrum by AAB when he threatened to leave Oneworld ? QR's investments certainly do not support this. I could bet that this was said with a purpose and that, behind the scenes, he got what he wanted.

While AAB is widely dismissed as a loud mouth and a buffoon, I strongly disagree. The man is brilliant. There is nothing wrong providing quality service, nothing wrong refusing the delivery of unfinished or sub-par aircraft, and nothing wrong with taking advantage of the local employment and pay conditions to build a powerhouse.

I do wish that he'd replace whoever is in charge, under him of running aircraft parking operations at DOH, as having at the same time so many empty gates and so many remote stand departures / arrivals is a drag. This is probably my major gripe about an otherwise very well run operation in difficult conditions (that stupid blockade).


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(@Semperfi82)
Joined: 9 years ago

Posts: 17

By XE, I meant JSX.


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 Jake
(@Jake)
Joined: 9 years ago

Posts: 84

American cut fare interlining with Qatar, which is far more damaging than cutting codeshares (which are a marketing gimmick). If you're flying Qatar, American will simply not allow you to connect under the same fare.

Qatar passengers arriving in the U.S. can connect on the same fare only on Alaska Airlines or JetBlue. What a sad country.


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(@VT-CIE)
Joined: 7 years ago

Posts: 66

@Semperfi82: What the heck is JSX? Oh, I get it: JetSuite. You might as well have been more to-the-point, but never mind.


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(@VT-CIE)
Joined: 7 years ago

Posts: 66

@Pierre: I would describe the man as an eccentric genius. Shrewd, and plays the crying-wolf card (leaving Oneworld), and yet exerts Qatari soft power over the world like few others can. We have not had a sound-bite from him since the 'grandmothers' comment in Dublin. Maybe he has shut up.


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 TRB
(@TRB)
Joined: 7 years ago

Posts: 1

What is he going to do with those 787s he wanted to push off to Air Italy. Maybe he can convince BA to snag a few and expand more TATL destinatuons and other long haul.


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(@Crosscourt)
Joined: 8 years ago

Posts: 422

@jake not true, I'm flying American from Mia to jfk and connecting on Qatar to doh and on to cpt. I'm on a RTW ticket.

Maybe QR buys a bigger share than delta in LATAM and they return to 1W and show the joke heading AA how things are done.


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 Ray
(@Ray)
Joined: 11 years ago

Posts: 565

IAG better invest the new capital injection to improve passenger services and increase crew pay


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Diamond
(@leigh)
Joined: 5 years ago

Member
Posts: 235

As long as Qatar solidifies the oneworld partnership so I can continue to use my miles for the QSuite!


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Diamond
(@roamingredcoat)
Joined: 5 years ago

Member
Posts: 348

https://reut.rs/2HOz7vd

Not massive, but it's like a Qatar/Delta arms race.


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