I’m fairly sure that whenever I read about Qatar Airways increasing it’s stake in IAG there is normally a quote from Akbar Al Baker saying (and I’m paraphrasing a lot here) “I’m more than happy with the stake we now hold and I have no plans to raise our stake any further”.
And yet, the stake continues to rise. Today, news emerges that Qatar Airways now holds a 20% stake in IAG.
Will we now see Qatar Airways pushing for representation on the board? And could this signal changes to the way the IAG airlines are run?