In wake of Delta deal, Qatar Airways says could consider raising LATAM stake

Qatar Airways CEO Akbar al-Baker said his airline would consider lifting its 10% stake in LATAM Airlines Group SA if the opportunity came up – comments which come after Delta Air Lines Inc agreed last month to buy 20% of the Chilean carrier. Currently around 48%, according to Refinitiv data, it could fall to as low as 28% depending on the take up of Delta’s tender offer for shares. Qatar Airways has historically had a contentious relationship with major U.S. carriers, which have accused Gulf airlines of receiving unfair government subsidies, distorting competition and costing Americans …read more

Source:: Yahoo Finance

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