Qatar-backed IAG chooses sides in Gulf airline dispute
The International Airlines Group (IAG) has pulled out of a European trade group over differences in opinion about the rapid growth of the big three GCC carriers, Reuters reports.
IAG is the parent company of British Airways and Iberia, which decided to withdraw its membership from the Association of European Airlines (AEA) after not seeing eye-to-eye about the future of the aviation industry.
In a statement to media this week, IAG – whose largest stakeholder is Qatar Airways – said:
“We believe global liberalization of our industry is fundamental to our future growth and we are not willing to compromise on this fundamental matter.”
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Source News: Doha News