PARIS: Qatar Airways will announce a stake in a sixth overseas carrier in coming months, chief executive officer Akbar Al Baker said, as the Persian Gulf operator turns to outside investments to boost revenue and cash amid a Saudi-led embargo restricting its own flights.
The deal will add to Qatar Air’s interests in British Airways owner IAG SA, the No. 1 South American carrier Latam Airlines Group SA, Cathay Pacific Airways Ltd, China Southern Airlines Co and Air Italy SpA.
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