* Qatari airline in talks to by RwandAir stake * Interested by lifting LATAM stake for the
* Qatari airline in talks to by RwandAir stake
* Interested by lifting LATAM stake for the “proper worth”
* Open to work with Delta Air Strains
(Provides particulars, quotes)
By Alexander Cornwell
DOHA, Feb 5 (Reuters) – Qatar Airways is in talks to purchase a
49% stake in Africa’s RwandAir, and is eager about doubling
its holding in LATAM Airways Group to 20%, its chief
govt mentioned on Wednesday.
A stake in an African airline would widen its attain in a single
of the world’s quickest rising aviation areas, and doubtlessly
assist it bypass restrictions imposed on it by some Arab states.
“We’re very powerful negotiators … we’ll take our time to
negotiate,” Qatar Airways Chief Govt Akbar al-Baker advised
reporters in Doha.
Qatar Airways already owns stakes in British Airways-parent
Worldwide Airways Group , China Southern
, Cathay Pacific , and LATAM.
It purchased a few of its stakes in different airways since
once-lucrative markets the United Arab Emirates and Saudi Arabia
banned it from its airspace following a regional political
dispute.
Qatar Airways has been compelled to fly longer routes to keep away from
the blocked airspace of a few of its neighbours.
The ban doesn’t apply to non-Qatari airways flying to
Qatar. RwandAir might doubtlessly carry passengers from…