Qatar Airways not interested in investing in Air Italy

Fri Feb 21 2020
Lucy Harlow (4125 articles)
Qatar Airways not interested in investing in Air Italy

 Qatar Airways said on Friday it was not interested in investing in struggling Italian carrier Air Italy, but would do all it could as minority shareholder for workers and passengers.

“Qatar Airways is no longer interested in investing in Air Italy or in any other air transport project in Italy,” the Qatari company said in a statement.

The carrier has a minority stake in Air Italy, with the other investor being regional airline Alisarda.

Qatar Airways and Alisarda have agreed to put Air Italy into liquidation.

Lucy Harlow

Lucy Harlow

Lucy Harlow is a senior Correspondent who has been reporting about Equities, Commodities, Currencies, Bonds etc across the globe for last 10 years. She reports from New York and tracks daily movement of various indices across the Globe