Reply To: Growing stake in IAG

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wowzimmer
Participant

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.

http://uk.reuters.com/article/uk-qatar-airways-iag-idUKKCN10C1IG?utm_source=applenews

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?

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