Qatar Airways on Thursday said, it had acquired a 49 percent stake in Meridiana’s new parent company AQA Holding with the intention of expanding its’ presence in every growing Airline in the world. This is the third airline investment Qatar Airways made within the last one year.
Qatar Airways CEO Akbar Al-Baker said, Qatar Airways will “massively grow” the Italian airline, by adding new aircraft and rebranding the airline.
According to CEO, Qatar airways will order Boeing 787s, 737s and Airbus A330s over the next six months to add to Meridiana’s existing fleet. He also said that there will be new contract for staff in place after negotiating frankly with Unions.
Meridiana is the second largest privately owned Airline headquartered in Olbia, Italy. In the mean time, the number one Airline Alitalia has been going through tough times as its investors (Etihad Airlines) refused to finance any further.
Al-Baker sees this as an opportunity and said that Meridiana “should make sure that the Italian public is properly connected” as Alitalia goes through its bankruptcy proceedings.