Qatar Airways has signed a contribution and shareholders agreement with Alisarda, the parent company of Italian airline Meridiana.
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The agreement allows Qatar Airways to purchase 49% of Meridiana fly’s shares, subject to certain conditions, before closing which is planned for early October.’¨
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."
Earlier this week, Qatar Airways disclosed it is to acquire up to 10% of LATAM Airline Group’s total shares through a capital increase.’¨
