Qatar Airways and Meridiana on
Thursday signed a deal for Qatar to buy 49% of the Sardinian
airline, sources close to the deal told ANSA.
A statement from the Doha-based airline said the deal with
Meridiana's parent company Alisarda was conditional on certain
conditions that would have to be met by the start of October.
The statement,on the airline's website, said "Qatar Airways
announced today that it has signed a contribution and
shareholders agreement with Alisarda, the parent company of
Meridiana.
"The agreement provides for Qatar Airways to purchase 49
per cent of Meridiana fly's shares, subject to the fulfilment of
certain conditions, before the closing which is planned for
early October."
Qatar Airways Group Chief Executive, Mr. Akbar Al Baker,
said: "Qatar Airways continues to expand its business
opportunities around the world, increasing travel options for
our passengers while also enhancing our investment portfolio.
"This agreement sets the path to progress our work towards
a strong resolution that benefits both the staff and passengers
who travel with Meridiana fly."
Talks with Qatar Airways to rescue the struggling Italian
regional airline have been going ahead for months.
In June Qatar pulled out of talks due to a trade-union
stance but Transport Minister Graziano Delrio worked hard to
bring it back to the table.
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