Sunday, June 3, 2007

Qatar Airways sees profit by 2010, eyes share sale

(Reuters) - "We will be privatized in the first half of the next decade and the IPO will be offered to local and international companies," Akbar al-Baker told Reuters.




The IPO will not exceed 49 percent of the company's stock, so existing agreements between Qatar and other countries would not be compromised, said Baker, adding that he expected the airline to hit a profit by 2010 to 2011.


Read more at Reuters.com Business News

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