Meridiana signs deal with Qatar Airways (3)

(ANSA) - Milan, July 14 - 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.