Qatar Airways has announced that it has bought a 9.99% stake in the shares of International Consolidated Airlines group SA (IAG), the owner of British Airways and Iberia.
Qatar Airways says that having recently joined the oneworld alliance, the stake in IAG further enhances its operational and commercial ties.
The company states that it does not intend to increase its stake in IAG in the short term, but does not rule it out in the future.
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