Qatar Air Targets Other U.S. Investments After American Spat
- Bid halted due to Parker comments, stake cap, Al Baker says
- Alternative opportunites remain, while India plan to go ahead
A Qatar Airways Ltd. Airbus A380 aircraft sits on the tarmac seen through a window of an Airbus A350 XWB aircraft operated by the airline at the Singapore Airshow held at the Changi Exhibition Centre in Singapore, on Tuesday, Feb. 16, 2016. Qatar Airways, the second-biggest Gulf carrier, will seek compensation for delays in delivery of its Airbus Group SE A320neo aircraft, Chief Executive Officer Akbar Al Baker said.
Photographer: SeongJoon Cho/BloombergQatar Airways hasn’t given up on investing in the U.S. after scrapping plans to buy a stake in American Airlines Group Inc. amid opposition from the Fort Worth, Texas-based company.
“We have other opportunities, both in America and North America, which we will consider,” Akbar Al Baker, the Persian Gulf carrier’s chief executive officer, said Wednesday in Doha, the Qatari capital. “I have some things in mind. The U.S. is an important market for us.”