{"id":95088,"date":"2016-12-29T11:42:02","date_gmt":"2016-12-29T11:42:02","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=95088"},"modified":"2016-12-29T11:42:02","modified_gmt":"2016-12-29T11:42:02","slug":"qatar-airways-buys-10-stake-in-latam-airlines","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/qatar-airways-buys-10-stake-in-latam-airlines\/","title":{"rendered":"Qatar Airways buys 10% stake in LATAM Airlines"},"content":{"rendered":"<p>Qatar Airways says it has purchased a 10-per cent stake in Chile&#8217;s LATAM Airlines Group for USD 608 million. <\/p>\n<p>The Doha-based state airline announced the stock purchase late yesterday. <\/p>\n<p>LATAM was created when Chile&#8217;s LAN took over Brazil&#8217;s TAM in 2012. The airline flies to some 140 destinations in 25 countries. <\/p>\n<p>LATAM stock closed at USD 8.42 a share yesterday, up 1.6 per cent. <\/p>\n<p>Qatar Airways operates a fleet of 192 aircraft out of its hub in the vast new Hamad International Airport in Doha, which is preparing to host soccer&#8217;s World Cup in 2022. <\/p>\n<p>It is one of the Middle East&#8217;s biggest carriers, along with Dubai-based Emirates Airline and the Abu-Dhabi based Etihad Airways. The three airlines increasingly have challenged Western airlines in long-haul flights.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Qatar Airways says it has purchased a 10-per cent stake in Chile&#8217;s LATAM Airlines Group for USD 608 million. The Doha-based state airline announced the stock purchase late yesterday. LATAM was created when Chile&#8217;s LAN took over Brazil&#8217;s TAM in 2012. The airline flies to some 140 destinations in 25 countries. LATAM stock closed at USD 8.42 a share yesterday, up 1.6 per cent. Qatar Airways operates a fleet of 192 aircraft out of its hub in the vast new Hamad International Airport in Doha, which is preparing to host soccer&#8217;s World Cup in 2022. It is one of the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[229],"tags":[],"class_list":["post-95088","post","type-post","status-publish","format-standard","hentry","category-civil-aviation"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/95088","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=95088"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/95088\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=95088"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=95088"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=95088"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}