Qatar Airways has made an unsolicited bid to take up to a 10% stake—an investment of at least $808 million—in American Airlines, an SEC filing American submitted Thursday revealed. According to the June 22 filing, Qatar Airways would buy the stake on the open market. If that happens, it would make the Doha-based carrier one of American’s largest investors. Dallas/Fort Worth-based American stresses that the proposal was not solicited and says it “would in no way ...

Subscribe to Access this Entire Article

"Qatar Airways seeks up to 10% stake in American Airlines" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.