Qatar Airways axes its proposed investment in American Airlines

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Qatar Airways issued the following statement today:

“Qatar Airways has taken the decision not to proceed with its proposed passive financial investment in American Airlines.

“Further review of the proposed financial investment, taking into account the latest public disclosure of American Airlines, has demonstrated that the investment no longer meets our objectives. Qatar Airways will continue to investigate alternative investment opportunities in the United States of America and elsewhere that do meet our objectives.

“Qatar Airways will continue to seek opportunities to invest in global aviation to support the airline’s goal to offer the best possible travel experience for its customers.”

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Chief Assignment Editor

Chief Assignment editor is Oleg Siziakov

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