September 19, 2020

Qatar Airways increases its participation in the Iberia group to 25.1%



The company has increased its weight in the company by ten percentage points in five years

Qatar Airways has informed Wednesday that it has increased its participation in the Hispanic-British group IAG, the parent company of Iberia and British Airways, from 21.1% to 25.1%, among others. In a statement, the CEO of the Qatari airline, Akbar Al Baker, has highlighted the “success” that is having, “to date”, the investments made in IAG, which also owns the Spanish Vueling and the Irish Aer Lingus. “The announced increase in our participation demonstrates our continued support for IAG and its strategy,” the director added in the note. Al Baker also noted that Qatar Airways continues to analyze opportunities to invest in other airlines, after being made, for the first time. Once in 2015, with 10% of IAG.

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