Qatar wants 10% of American Airlines


American Airlines aircraftImage copyright
AFP

American Airlines has received an “unsolicited” approach from Qatar Airways which wants to acquire 10% of the US company.

In a regulatory filing American Airlines said Qatar intended to purchase at least $808m (£638m) of its shares.

American Airlines said it would respond “in due course”.

Shares in American Airlines, which is the biggest airline in the world, are up 5% in pre-market trading.



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