Qatar Airways to conclude acquisition of 49% stake in Meridiana by Jan-2017

Qatar Airways stated (06-Nov-2016) it expects to conclude a deal to acquire 49% of Meridiana by Jan-2017, subject to Meridiana meeting the conditions of the purchase. Qatar Airways Group CEO Akbar Al Baker said: "We are hoping to have our discussions concluded by the end of January. During this period Meridiana Fly also has to deliver certain conditions and achieve certain targets in its performance. We want Meridiana Fly to be a very strong national carrier with a robust international network, creating jobs for the young people of Italy." [more - original PR - English/Arabic] [more - original PR - English/Arabic - 2]