Qatar Finance Minister, Yousuf Hussain Kamal, stated the Government and state-owned firms plan to invest USD100 billion on infrastructure projects within the next four years (Bloomberg/AMEInfo, 13-Jun-2010). The Government will invest more than USD40 billion on the project, with the remaining funds to come from government subsidiaries. The main projects are roads, sewage treatment, water treatment, and infrastructure development, such as on airports and ports.
Qatar to invest USD100 billion on infrastructure projects in next four years
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British Airways-Qatar Airways form Europe's first Gulf airline JV, showing some oneworld flexibility
British Airways and Qatar Airways are to commence a revenue-sharing joint venture from 30-Oct-2016. Even before Qatar Airways took 20% of the equity of BA parent group IAG, the JV was expected – and perhaps due earlier. The agreement includes the UK, continental Europe, Asia, Middle East and Africa – essentially all regions but the Americas. Some specifics and regulatory matters are to be worked through, and Iberia is excluded but presumably will be added.
oneworld has always been a flexible congregation of bilateral relationships, but nowhere has this been better exemplified than with Qatar Airways' membership of oneworld and eg Qantas' deep partnership with Emirates. The BA-QR JV is the first between a European airline and a Gulf airline. Compared to AF-KLM and Lufthansa, BA/IAG have been more open towards Gulf airlines, a result of management but also pragmatism: BA's hub at London Heathrow is capacity constrained and BA typically carries a majority of O&D passengers.
Qatar Airways and Vueling to codeshare as LCC partnerships establish new models
Partnerships of any kind between Europe's principal LCCs and full service airlines are rare. The new codeshare between Qatar Airways and Vueling builds on the interline deal signed between the two in Oct-2014. Moreover, it marks a further deepening of the relationship between the Doha-based super connector and IAG, of which it now owns 20%. Vueling joins IAG-owned airline British Airways in codesharing with Qatar Airways, but the new agreement is more extensive.
Vueling is now carrying Qatar Airways' QR code on 67 European routes. These routes are from/to Barcelona El Prat and Rome Fiumicino, which are Vueling's two biggest bases, and both served twice daily by Qatar Airways from Doha. The accord significantly expands Qatar's offline network, but the value of this and two-stop connections is difficult to gauge.