Qatar Airways signs Meridiana agreement

The agreement provides for Qatar Airways to purchase 49 per cent of Meridiana fly’s shares, subject to the fulfilment of certain conditions, before the closing which is planned for early October.

Qatar Airways Group chief executive, Akbar Al Baker, said: “Qatar Airways continues to expand its business opportunities around the world, increasing travel options for our passengers while also enhancing our investment portfolio.

“This agreement sets the path to progress our work towards a strong resolution that benefits both the staff and passengers who travel with Meridiana fly.”