Investors looking to buy a stake in state-owned Qatar Airways will have to wait until the end of the decade to buy it in an initial public offering (IPO), Chief Executive Akbar Al Baker told a news conference on Thursday in Doha.
“If you want to invest your money, you will have to wait until the end of the decade in order to be able to invest in a Qatar Airways IPO,” he said, giving no further details.
Qatar Airways announced on Twitter that Gulf airlines are “joining hands” in preparing a daily service to attend the soccer World Cup matches, which will be hosted by Qatar this year.
The company mentioned in a tweet: “We’re joining hands with key GCC carriers as part of the commitment to make the 1st ever in FIFA World Cup in the Middle East a truly special one.”
