1. Qatar Airways chief Akbar Al Baker wants to expand fleet, looks for US investments

Qatar Airways chief Akbar Al Baker wants to expand fleet, looks for US investments

Qatar Airways Chief Executive Akbar Al Baker said on Monday that the carrier plans to expand its fleet, buying four Boeing Co 777-300 aircraft for its passenger fleet and accepting four Airbus A350 aircraft that it had rejected in July.

By: | Everett | Published: September 26, 2017 4:59 AM
Qatar Airways, Qatar Airways chief, Akbar Al Baker, Qatar Airways investments, Qatar Airways stock, Qatar Airways marktet, Qatar Airways expansion, Qatar Airways flights, industry news Speaking at an event in which he formally accepted delivery of Qatar Airways’ first Boeing 747-8 freighter, Al Baker said the plan to take the four Airbus planes “is definite.” (Reuters)

Qatar Airways Chief Executive Akbar Al Baker said on Monday that the carrier plans to expand its fleet, buying four Boeing Co 777-300 aircraft for its passenger fleet and accepting four Airbus A350 aircraft that it had rejected in July. Speaking at an event in which he formally accepted delivery of Qatar Airways’ first Boeing 747-8 freighter, Al Baker said the plan to take the four Airbus planes “is definite.” He added he will be “concluding an agreement shortly, for which I will be flying to Toulouse from here,” referring to the Airbus site.

Reuters reported earlier on Monday that Qatar would take the Airbus jets. Al Baker separately told CNBC that he is still looking for investments in the United States, despite being rebuffed when Qatar made a proposal to buy a stake of up to 4.75 percent in American Airlines Group.

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