Qatar Airways Group announced Wednesday that it increased its stake in International Consolidated Airlines Group, SA (“IAG”) from 21.4% to 25.1%.

The executive president of Qatar Airways Group, Akbar Al Baker, said: “Our investment to date has been very successful and the increase announced in our participation is evidence of our continued support for IAG and its strategy.”

He added: “The company meanwhile continues to consider opportunities to invest in airlines and support management teams that share our vision of improving travel opportunities for airline passengers worldwide.”