IAG shares rise after Qatar increases its stake
Qatar Airways is understood to have paid around $600 million (£461m) to increase its stake in British Airways’ parent IAG from 21.4% to 25.1%.
Since state-owned Qatar Airways first invested in IAG with a 9.99% holding in 2015, it has gradually increased its stake.
"Our investment to date has been highly successful and the announced increase in our shareholding is evidence of our continued support of IAG and its strategy," said chief executive Akbar Al Baker.
"Qatar Airways continues to consider opportunities to invest in airlines and support management teams that share our vision to enhance travel opportunities for airline passengers across the globe."
IAG shares rose 1% on the news.
Qatar Airways also has minority stakes in China Southern and Cathay Pacific. Earlier this month it said it was discussing doubling its holding in Chile’s LATAM Airlines Group to 20% and buying a 49% stake in Africa’s RwandAir.
Have your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.
































Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
Euromonitor International unveils world’s top 100 city destinations for 2025
U.S.A. and Israel attacks on Iran impact air movements in the Gulf (Update 1.00pm CET)
Global tourism exceeds 1.5 billion travelers announces UN-Tourism
WTTC global tourism reached record economic impact of 11 trillion in 2025