Qatar Airways will move ahead with its plans to take a big stake in American Airlines despite protests from the Fort Worth-based company’s management and pilots, the state-owned carrier’s chief executive told reporters on Thursday in Ireland.
Qatar notified American Airlines (Nasdaq: AAL) last month that it wants to buy up to 10 percent of its shares. A purchase of more than 4.75 percent requires approval of American’s board.
CEO Akbar al-Baker, who was in Dublin launching a new Qatar Airways…