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Qatar Airways (QR, Doha Hamad Int'l) has announced it intends to acquire a 10% stake in South American operator LATAM Airlines Group.
During the deal's announcement at the 2016 Farnborough Airshow, Qatar Airways CEO Akbar al Baker said the Gulf-based carrier would acquire up to 10% of LATAM Group for USD618 million. Finalization is expected by the end of the year.
Qatar Airways to acquire up to 10% of LATAM Airlines Group - ch-aviation.com
Qatar Airways’ Profit More Than Quadruples - WSJ
- Revenue: US$ 9.6B
- Operating Profit: US$ 834m
- Net Profit: US$ 444m
During the deal's announcement at the 2016 Farnborough Airshow, Qatar Airways CEO Akbar al Baker said the Gulf-based carrier would acquire up to 10% of LATAM Group for USD618 million. Finalization is expected by the end of the year.
Qatar Airways to acquire up to 10% of LATAM Airlines Group - ch-aviation.com
Qatar Airways’ Profit More Than Quadruples - WSJ
- Revenue: US$ 9.6B
- Operating Profit: US$ 834m
- Net Profit: US$ 444m