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Qatar Airways Acquires 25% Stake in South African private carrier Airlink

Team QT by Team QT
August 28, 2024
in Qatar Business News
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Qatar Airways Acquires Stake in Airlink
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  • Qatar Airways has acquired a 25% stake in South African private carrier Airlink.
  • Airlink operates over 45 destinations across Southern and East Africa.
  • Qatar Airways currently flies to 29 African destinations, with plans to expand its presence on the continent.
  • The airline remains wholly owned by the Qatari government, emphasizing its commitment to growth in key global markets.

Qatar Airways has acquired a 25% stake in the South African private carrier Airlink, as announced on Tuesday. The airlines did not reveal any financial details of the transaction.

Airlink, based in South Africa, serves over 45 destinations across Southern and East Africa. This investment will strengthen the existing code-share agreement between the two airlines. Currently, Qatar Airways operates flights to 29 African destinations.

Badr Mohammed al-Meer, the Group Chief Executive Officer of Qatar Airways, emphasized the strategic importance of Africa to the airline’s future. He stated that the investment underscores Qatar Airways’ commitment to expanding its presence on the continent.

Qatar Airways remains wholly owned by the Qatari government, reflecting its ongoing commitment to growth in key global markets.

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