Reply To: Qatar Airways’ Growing stake in IAGBack to Forum
Qatari’s are pretty canny investors. They see an iconic British asset that is well run, excellent value for shareholders, spends what it needs to spend to protect its market share (and no more) & has a CX in WW that sees the value in takeovers of other Airlines in slightly different markets and thus spreading its risk exposure. Operating three flag carriers clearly is an attractive proposition, particularly now with the slump in share price due to Brexit. Regarding a board place, they are clearly entitled and I would imagine a nominee board member will be appointed in the coming months. Is it a pre-cursor to a takeover? Unless the board are kern and see value in it, no. I cannot see a hostile takeover.