QATAR AIRWAYS SEEKS 10% STAKE IN AMERICAN

American Airlines announced Thursday that Qatar Airways intends to buy a 10% stake in the world’s largest carrier but added the offer was unsolicited and would have to be approved in advance by the board. American said in a federal filing that the fast- growing Middle East carrier has indicated its “intention to make a significant investment in American Airlines” by a purchase of common stock “would be made on the open market.” American’s filing said Qatar Airways wants to acquire about $ 81 million of American Airlines common stock.