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Qatar Airways rules out acquisitions for now

Qatar Airways rules out acquisitions for now

The head of fast-growing Gulf carrier Qatar Airways has ruled out acquiring another airline for now.
Qatar Airways Chief Executive Officer Akbar al-Baker says the carrier is focused on building its own business, and doesn't want to take on the financial problems of restructuring a weaker carrier. He spoke on Tuesday at a travel exposition in Dubai.
State-owned Qatar Airways competes for long-haul international passengers with Dubai's larger Emirates airline and Abu Dhabi-based Etihad Airways.
Etihad has recently taken large stakes in two struggling carriers.


Updated : 2021-04-21 17:20 GMT+08:00