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 that “would be made on the open market.” American’s filing said Qatar Airways wants to acquire about $81 million of American Airlines common stock, adding such a move would be subject to review by the Department of Justice.