Qatar Airways ups stake in IAG

Qatar Airways Group has increased its shareholding in International Consolidated Airlines Group, IAG, the holding companies for a number of carriers including British Airways and Iberia from 21.4 per cent to 25.1 per cent.Qatar Airways Group chief executive Akbar Al Baker said, “Our investment to date has been highly successful and the announced increase in our shareholding is evidence of our continued support of IAG and its strategy.”Al Baker went onto say that Qatar Airways was still on the acquisition path and was considering further opportunities to invest in airlines and  management teams that fitted with the firm’s strategic vision.