The historical proud of British civilian aviation, British Airways, has a new “fellow” at the controls. Qatar Airways just bought itself 10 percent into the International Airlines Group (IAG), which is the mother company of not only the British flag carrier, but Spanish flag carrier Iberia and low-budget airline Vueling as well.
For a price of about 1,7 billion dollars Qatar is now the largest shareholder of the IAG, since the country’s airline is state-owned. The move comes just as the IAG itself is offering the Irish government and shareholder Ryanair to take over Aer Lingus for an estimated 1,5 billion dollars.
Qatar Airways is moving quickly in recent years. The company buys scores of new aircraft and is the first user of the new and relatively smoothly developed Airbus A350 XWB. The Gulf country’s flag carrier joined the OneWorld alliance in 2013, the first Southwest Asian big airliner to do so. OneWorld is the cooperation American Airlines, British Airways, Qantas, Cathay Pacific, Finnair, Air Berlin, Iberia, Japan Airlines, LAN, TAM, Malaysia Airlines, Royal Jordanian, S7 Airlines, SriLankan Airlines and now Qatar Airways as well.
© 2015 Airheadsfly.com editor Marcel Burger
Featured image: A British Airways Boeing 747 taking off (Image © British Airways)