Qatar wants 10% of American Airlines

Tom MarkLast Update : Thursday 22 June 2017 - 2:36 PM
Qatar wants 10% of American Airlines

American Airlines has received an “unsolicited” approach from Qatar Airways which wants to acquire 10% of the US company.

In a regulatory filing American Airlines said Qatar intended to purchase at least $808m (£638m) of its shares.

American Airlines said it would respond “in due course”.

Shares in American Airlines, which is the biggest airline in the world, are up 5% in pre-market trading.

Source: business

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2017-06-22 2017-06-22
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عدم الإساءة للكاتب أو للأشخاص أو للمقدسات أو مهاجمة الأديان أو الذات الالهية. والابتعاد عن التحريض الطائفي والعنصري والشتائم.

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Tom Mark