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Qatar Airways

All articles tagged with #qatar airways

Qatar Airways Divests Entire Cathay Pacific Stake for $897 Million
business3 months ago

Qatar Airways Divests Entire Cathay Pacific Stake for $897 Million

Qatar Airways has sold its entire 9.7% stake in Cathay Pacific for about $897 million, marking its exit from Hong Kong’s flagship airline after eight years, as part of its strategic portfolio optimization. Cathay Pacific plans to buy back the stake at a premium, reflecting confidence in its future growth, and will fund the deal through internal resources and credit lines. The transaction will increase Swire Pacific and Air China's stakes in Cathay Pacific, with ongoing partnership through the oneworld Alliance.

Qatar Airways Sells 10% Stake in Cathay Pacific: What's Behind the Move?
business3 months ago

Qatar Airways Sells 10% Stake in Cathay Pacific: What's Behind the Move?

Qatar Airways is selling its nearly 10% stake in Cathay Pacific, bought in 2017 for around $662 million, now valued at approximately $892 million, with both airlines citing different reasons—Cathay Pacific for confidence in its future and Qatar Airways for recent profitability—though the true motivation may involve geopolitical considerations. The sale appears unusual given Qatar's typical investment approach and the lack of control implications, suggesting possible underlying political factors.

Passenger Threatens and Attacks During 14-Hour Flight, Sparks Travel Safety Concerns
world5 months ago

Passenger Threatens and Attacks During 14-Hour Flight, Sparks Travel Safety Concerns

A passenger on a Qatar Airways long-haul flight from Doha to New York filmed a disturbing incident where an elderly woman seated next to her leaned on her, made physical contact, and appeared to threaten her with a metal knife, leading to a report filed with the airline. Despite the distress, the airline did not acknowledge or apologize for the incident, highlighting concerns about passenger behavior and crew response on long flights.

Middle East Air Travel Disrupted by Regional Tensions and Airline Cancellations
world8 months ago

Middle East Air Travel Disrupted by Regional Tensions and Airline Cancellations

Qatar Airways faced a major crisis when Iran launched missile strikes near Doha, leading to the immediate closure of Qatari airspace for over six hours, causing the diversion of 90 flights, stranding 20,000 passengers, and disrupting global operations. The airline responded with emergency measures, including hotel accommodations and rebooking efforts, and managed to restore operations within 18 hours, demonstrating a significant logistical challenge in modern aviation.

American Airlines Partners Exclusively with Citi in Lucrative Credit Card Deal
travel1 year ago

American Airlines Partners Exclusively with Citi in Lucrative Credit Card Deal

American Airlines flight attendants will continue to earn commissions on approved credit card applications under a new deal with Citibank. Meanwhile, Qatar Airways miles can now be converted to Marriott points, though it's not a favorable exchange. Air Canada will restrict basic economy fares from carrying full-sized bags starting next year, with exceptions for certain members. Dallas is considering major changes to Love Field airport, and a judge has rejected Boeing's 737 MAX plea deal due to DEI criteria for a compliance monitor.

"12 Injured as Qatar Airways Flight to Dublin Hits Severe Turbulence"
travel1 year ago

"12 Injured as Qatar Airways Flight to Dublin Hits Severe Turbulence"

Passengers on a Qatar Airways flight experienced extreme turbulence, causing unbuckled travelers to be thrown around the cabin and resulting in 12 injuries, including eight hospitalizations. Many passengers described the terrifying ordeal, with some fearing for their lives. Despite the chaos, flight attendants continued to provide service, earning commendation from the passengers.

12 Injured as Qatar Airways Flight Hits Severe Turbulence
aviation1 year ago

12 Injured as Qatar Airways Flight Hits Severe Turbulence

A Qatar Airways flight from Doha to Dublin experienced severe turbulence over Turkey, injuring 12 people, including passengers and crew. The Boeing 787-9 Dreamliner landed safely in Dublin, where emergency services attended to the injured, with eight passengers taken to the hospital. Passengers described the turbulence as extremely frightening, with some being thrown from their seats. An internal investigation is underway.

12 Injured as Qatar Airways Flight Hits Severe Turbulence
aviation-incident1 year ago

12 Injured as Qatar Airways Flight Hits Severe Turbulence

Severe turbulence on a Qatar Airways flight from Doha to Dublin injured 12 people, with eight hospitalized. The incident follows a similar turbulence event on a Singapore Airlines flight that resulted in one death and multiple injuries. The affected Qatar Airways flight landed safely, and an internal investigation is underway.