Originally Posted by SinoBritAsia

Qatar Airways ups stake in BA owner IAG to almost 12 per cent

Bloomberg: http://www.bloomberg.com/news/articl...ways-owner-iag

Why? "Strengthening ties built around the access BA provides to North America via London and the Gulf carrier’s network of Asian routes."

Did Al Baker just spill the beans on IAG's Q1 result due Friday? “Their performance is absolutely over-the-moon,” Al Baker said during an ATM forum. “They’ve already announced record profits and the first quarter was very good.”

Mods, I recommend updating the threat title to reflect the increased shareholding.