DUBAI: Qatar Airways increased its holding in British Airways parent IAG SA to more than a quarter of the stock, tightening its grip on the European group after expansion in the Gulf was thwarted by a Saudi-led embargo.
The Doha-based airline lifted its stake in IAG, as International Consolidated Airlines Group SA is known, to 25.1% from 21.4% previously, it said in a statement Wednesday.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!