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Qatar Airways ups stake in IAG

  Doha / Bloomberg Qatar Airways Ltd. increased its stake in British Airways owner IAG SA for the second time in less than three weeks, as the Persian Gulf carrier seeks to benefit from closer ties with its European partner. The move lifts Qatar Airways’ holding in IAG to 15 percent from a stake of close to 12 percent, which ...

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Comair to keep flying amid probe

  London / Bloomberg Comair Ltd., the South African operator of British Airways flights, won a court ruling to continue flying in the country amid a legal investigation into whether the company breaches airline foreign-ownership limits. The High Court of Pretoria granted an interdict to the Johannesburg-based carrier that ensures its license won’t be withdrawn by the Air Services Licensing ...

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Singapore Air to manage two low-fare carriers

  Singapore / Bloomberg Singapore Airlines Ltd., seeking to restructure its budget airline business, established a new holding company to manage its two low-fare carriers amid speculation of a consolidation in the region. Budget Aviation Holdings Pte will control long-haul carrier Scoot and short-haul carrier Tiger Airways, allowing for greater integration and sharing of operations and planning, Singapore Air said ...

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