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2017.04.2406:39:00UTC+00Qatar Airways close to deal to purchase Italy's Meridiana stake

Chief Executive Akbar Al Baker of Qatar Airways on Monday announced that it is close to deal to acquire stake in Italian carrier Meridiana.

The CEO added that Qatar Airways has no plan to reduce flight frequency to the United States.

U.S. President Donald Trump's travel ban has weakened flight demand from the Middle East, prompting the Emirates to cut flights on five U.S. routes.

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