|Bid||591.50 x 123000|
|Ask||592.00 x 327100|
|Day's Range||588.50 - 597.00|
|52 Week Range||281.73 - 619.00|
|PE Ratio (TTM)||6.72|
|Dividend & Yield||0.23 (3.01%)|
|1y Target Est||N/A|
American Airlines' chief executive said on Thursday he is not "particularly excited" about Qatar Airways' interest in buying up to 10 percent of the U.S. carrier's shares, in a letter to employees following the state-owned Gulf airline's overture. The move by Qatar Airways would expand its investments in North America as Qatar is embroiled in the region's worst diplomatic crisis in years and is locked in an airspace rights row with three other Gulf states.
American Airlines says Qatar Airways, a Middle Eastern rival criticised for unfair competition, has made an unsolicited bid for 10 per cent of the US carrier that American's chief executive immediately ...
It's difficult to see a business case for the state-owned carrier's investment in American, but it’s even harder to figure out what, if any, advantage the nation of Qatar might get from it amid a two-week-old land, sea and air blockade imposed on it by its Gulf neighbors.