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Qatar Airways postpones plans for IPO for up to 8 years

11 March 2012

Qatar Airways said it has postponed plans for any stock market flotation by several years due to wider economic turmoil, Reuters has reported. The IPO "will be postponed for a long time because we feel it will take a long time to recover from the economic situation that the world is in," said CEO Akbar Al-Baker at the ITB Berlin travel fair. "I do not think it will be any closer than five to eight years," he said.

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