QR AQA acquisition

QR AQA acquisition

QATAR Airways has purchased a 49% stake in AQA Holdings, the parent responsible for managing Italian airline Meridiana.

The deal will strengthen QR’s position in Italy and help improve connections for its existing pax.

Majority shareholder Alisarda will maintain executive control and has signalled intentions to appoint a new chief executive officer in the short-term future & rollout a fresh company strategy.

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Source: traveldaily