Qatar Airways said it will no longer pursue buying a stake in American Airlines, contending “the investment no longer meets our objectives.” Doha-based Qatar Airways surprised the global airline industry in June when it announced its intention to acquire up to a 10% stake in Dallas/Fort Worth-based American valued at about $800 million. American made no secret of its discomfort with the proposed unsolicited bid. American chairman and CEO Doug Parker called the potential ...

Subscribe to Access this Entire Article

"Qatar Airways backs away from American investment" 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?

Already registered? here.