Qatar Airways Buys Into Fast-Growing Chinese Market, With One Eye On The Future

Qatar Airways Buys Into Fast-Growing Chinese Market, With One Eye On The Future

Qatar Airways has taken a 5% stake in China Southern Airlines, the largest airline in China, in a potentially significant new development for the Gulf airline’s global investment strategy. The Qatari carrier announced the purchase on January 2, saying it had bought the shares just before the turn of the year. The deal gives it a useful foot-hold in what is expected to become the largest aviation market in the world in the coming decade. The International Air Transport Association (IATA), a trade body for the world’s airlines, predicts 1…

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