Qatar Airways to buy 49 percent of Meridiana
The agreement provides for Qatar Airways to purchase 49 per cent of Meridiana fly’s shares.
Qatar Airways Group Chief Executive, Akbar Al Baker, said: “Qatar Airways continues to expand its business opportunities around the world, increasing travel options for our passengers while also enhancing our investment portfolio. This agreement sets the path to progress our work towards a strong resolution that benefits both the staff and passengers who travel with Meridiana fly.”
Meridiana is the second largest carrier in Italy, with an extensive national and European network, which connects the main Italian airports with Sardinia and provides connectivity with hubs in Europe as well as in the U.S. and Africa. Meridiana’s fleet consists of Boeing 737s, 767s and MD-82s.
Read the July 2016 issue of Business Review Middle East magazine