Qatar Airways, which is of course government backed, has revealed its intent buy as much as 10% of American Airlines Group — a mirror investment policy to the IAG investment some years ago that gradually increased to the current stake of 20%. American confirmed today that Qatar Airways intends to make an initial investment of 4.75% on the open market purchasing around $808 million of stock, or roughly 16.7 million shares at Wednesday’s closing price. Never one to hold back, Qatar Airways‘ chief executive Akbar Al Baker told American Airlines that Qatar intended to acquire up to a 10% stake
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