Gulf carrier Qatar Airways is to take a stake of up to 10% in South America’s LATAM Airlines Group, it was announced at the Farnborough Airshow July 12. The investment will take place through a capital increase in LATAM, worth $613 million through the issue of new shares. The investment is subject to approval by an extraordinary LATAM shareholders’ meeting, which is likely to take place “in around one month,” LATAM Airlines Group CEO Enrique Cueto said. Qatar ...

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