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Qatar now biggest investor in BritishAir/Iberia

Paul Heymont 1/30/154:06 PM

BritishAir's parent company, International Airlines Group, has a new investor, Qatar Airways, which has bought 10% of the company and says it's maybe interested in more. EU rules limit non-European investors to a maximum of 49%.

IAG, which is trying to buy Aer Lingus says it is "delighted to have Qatar Airways...as a long term supportive stockholder. Qatar's plans include codeshares and other connections; all the airlines involved are part of the Oneworld alliance. MORE

Meanwhile, the board of Aer Lingus has recommended that the airline accept the IAG offer. Click HERE

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