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Qatar Airways acquires 25% stake in Airlink
The Peninsula
Doha: Qatar Airways Group has acquired a 25 per cent stake in Southern Africa s premier independent regional carrier, Airlink. The announcement is...
Doha: Qatar Airways Group has acquired a 25 per cent stake in Southern Africa’s premier independent regional carrier, Airlink.
The announcement is a continuation of the multi award-winning airline’s ambition to further develop its operations across the African continent.
The investment in Airlink, which flies to more than 45 destinations in 15 African countries, will enhance a code-sharing partnership between the two airlines.
The deal will bolster Qatar Airways’ Africa growth strategy and cement its role as a key driver to the continent’s economic success.
On the announcement, Qatar Airways Group Chief Executive Officer, Engr. Badr Mohammed Al-Meer, said: “Our investment in Airlink further demonstrates how integral we see Africa being to our business’ future. This partnership not only demonstrates our confidence in Airlink, as a company that is resilient, agile, financially robust and governed on sound principles, but also in Africa as a whole, showing huge potential that I am delighted we are able to help start realising.”