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 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.
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.
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.
Qatar Airways swiftly managed to rebook and accommodate all 20,000 stranded passengers within 24 hours after a brief airspace closure caused by Iran's missile strike, demonstrating exceptional crisis management and customer service.
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.
Qatar Airways is nearing a decision on a major aircraft order, expected to include around 200 jets split between Airbus A350s and Boeing 777Xs. This move aims to address the airline's need for new wide-body jets to replace older models and expand capacity. The final decision may be announced at the Farnborough Air Show in late July.
Qatar Airways is close to finalizing a major order for around 200 widebody jets, split between Boeing 777X models and Airbus A350s, with a decision expected by the Farnborough Air Show next month.
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.
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.
A Qatar Airways flight from Doha to Dublin experienced extreme turbulence, resulting in injuries to twelve passengers. This incident follows a similar event on a Singapore Airlines flight that caused injuries to 104 passengers and the death of a man with a heart condition.
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.
Passengers on a Qatar Airways flight from Doha to Dublin experienced severe turbulence, causing unbelted passengers to be thrown from their seats and injured. This incident follows a similar turbulence event on a Singapore Airlines flight that resulted in a fatality and multiple injuries.
Passengers on a Qatar Airways flight from Doha to Dublin experienced severe turbulence, causing some to hit the ceiling and resulting in twelve injuries. Eight of the injured were taken to the hospital after the plane landed safely at Dublin Airport.
