Gulf network carrier Qatar Airways continues to evaluate potential acquisitions but has no intention of following other airlines in the region by going on a global "shopping spree".
Chief executive Akbar Al Baker told delegates at the Arab Air Carriers Organisation AGM in Algiers that Qatar Airways "will always look at an opportunity whenever it comes. It depends on how attractive it is, how important it will be for both sides, and its potential - we do not want to be on a shopping spree."
The airline acquired a 35% stake in Cargolux last year, and Al Baker came close to a deal to save Spanair, which ceased operations in January. That deal was scuppered by the European Union's requirement that subsidies given to the airline be paid back after any rescue.