Sources close to the Emirates have said, in confidential meetings, that Emirates Airlines has been in talks to take a controlling stake in Qatar Airways to better compete against Etihad as the industry seeks to improve scale in the midst of a restrictive M&A policy within the region.
Qatar Airways has been increasing the company’s stakes in various names (agreed to acquire 49% stake in Italy’s Meridiana, has 10% stake in LATAM, and recently upped the IAG stake to 20%) and Emirates Airlines will soon announce their move to acquire a controlling stake in Qatar Airways.
Source : onemileatatime
Qatar Airways has been increasing the company’s stakes in various names (agreed to acquire 49% stake in Italy’s Meridiana, has 10% stake in LATAM, and recently upped the IAG stake to 20%) and Emirates Airlines will soon announce their move to acquire a controlling stake in Qatar Airways.
Source : onemileatatime