Qatar Airways has announced that it has increased its shareholding in IAG (International Consolidated Airlines Group), the parent company of British Airways, from 21.4% to 25.1%.
This is more significant than it sounds, because it gives Qatar Airways a veto over any major decisions (‘special resolutions’ in City parlance) which would require 75% of the shares to vote in favour.
Non-EU investors are limited to a 49% shareholding in total under EU aviation rules, and IAG does at times restrict purchases of shares by non-EU groups in order to remain under this limit.
As IAG is legally a Spanish company this position will not change under any UK / EU trade deal.
How to earn Avios from UK credit cards (August 2021)
As a reminder, there are various ways of earning Avios from UK credit cards. Many cards also have generous sign-up bonuses!
There are two official British Airways American Express cards:
You can also get generous sign-up bonuses by applying for American Express cards which earn Membership Rewards points, such as:
We also recommend Capital On Tap for limited companies. You earn 1 Avios per £1 which is impressive for a Visa card:
Click here to read our detailed summary of all UK credit cards which earn Avios. This includes both personal and small business cards.
(Want to earn more Avios? Click here to visit our home page for our latest articles on earning and spending your Avios points and click here to see how to earn more Avios this month from offers and promotions.)