Qatar increases stake in BA owner

Qatar Airways has increased its stake in British Airways-owner International Consolidated Airlines (IAG) from 21.4%t to 25.1%.

Qatar chief executive Akbar Al Baker said, “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.

“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.”