Qatar Airways moved to expand its global stake in the airline industry this week.

At Farnborough International Airshow in the U.K. on Thursday, the growing Gulf carrier announced that it has signed a deal to purchase 49% of Meridiana, the second-largest airline in Italy.

Two days earlier, also at Farnborough, Qatar said that it had made a deal to acquire up to 10% of Oneworld alliance partner Latam Airline Group through an increase in its stock holdings. Latam is South America’s largest airline company.

The closing of the Meridiana deal is scheduled for early October. Latam shareholders will gather no later than Sept. 2 to propose issuing $613 million in new shares to be acquired by Qatar at $10 per share.

Meridiana has its hub in Sardinia and serves only New York Kennedy in the U.S., from where it flies to Naples and Palermo.

Latam flies to five U.S. destinations from various South American locales: Miami, Los Angeles, Washington Dulles, Orlando and New York.  Its primary hubs are in Sao Paulo; Bogota, Colombia; and Santiago, Chile.

“Qatar Airways continues to expand its business opportunities around the world, increasing travel options for our passengers while also enhancing our investment portfolio,” Qatar CEO Akbar Al Baker said.

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