In wake of Delta deal, Qatar Airways says could consider raising LATAM stake
In wake of Delta deal, Qatar Airways says could consider raising LATAM stake. LANGKAWI, Malaysia (Reuters) - Qatar Airways CEO Akbar al-Baker said his airline would consider lifting its 10% stake in LATAM Airlines Group SA <LTM.SN> if the opportunity came up - comments which come after Delta Air Lines Inc <DAL.N> agreed last month to buy 20% of the Chilean carrier. But al-Baker also noted that LATAM's free float was limited. Qatar Airways has historically had a contentious relationship with major U.S. carriers, which have accused Gulf airlines of receiving unfair government subsidies, distorting competition and costing Americans jobs. Delta's $1.9 billion deal with LATAM ended the Chilean airline's long-time ties with American Airlines.
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