Reuters are reporting that Qatar Airways is seeking to buy a 10% stake in American Airlines. This potential investment is likely to be worth at least $808 million.
Qatar is currently experiencing difficult diplomatic relations with four gulf nations which has resulted in a blockade of Qatari airspace.
Qatar Airways was named Skytrax World Airline of the year this month, as well as World’s Best Business Class.
The Gulf Airline links 150 International destinations with a fleet of more than 180 aircraft.