Qatar Airways to acquire 49 percent stake in Italian carrier

July 14, 2016 1:04 PM

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DUBAI, United Arab Emirates – One of the Middle East's biggest carriers, Qatar Airways, has announced an agreement to purchase a 49-percent stake in Italy's second largest carrier, Meridiana.

The airline made the announcement Thursday at the Farnborough Airshow after signing an agreement with Alisarda, the parent of company of Meridiana.

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