Qatar Airways Still Going Ahead With American Airlines Stake Acquisition

Yemisi Izuora

Qatar Airways Chief Executive said today that the airline still planned to buy a stake in American Airlines despite the U.S. carrier ending a code-share agreement between the two companies.

American Airlines on Wednesday said it was ending its code-share agreements with Qatar Airways and Etihad Airways. Separately, it said Qatar Airways had withdrawn and refiled its notification to buy a stake in the U.S. carrier.

“Our stock purchase request and filing is going ahead as normal. We had to clarify certain questions of the regulator, which we compiled with,” Qatar Airways Chief Executive Akbar al-Baker told reporters in Doha.

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