Qatar Airways Acquires 25% Stake in Airlink
Qatar Airways has acquired a 25% stake in the private African carrier Airlink, furthering their commitment to the African market. No financial details were disclosed. The deal builds on an existing code-share agreement and enhances connectivity across Africa.
Qatar Airways has acquired a 25 per cent stake in the private African carrier Airlink, the airlines announced on Tuesday.
No financial details regarding the deal were disclosed.
Based in South Africa, Airlink services over 45 destinations in southern and East Africa. The acquisition aims to boost an existing code-share agreement between the two airlines, they stated. Qatar Airways currently operates flights to 29 destinations across Africa.
Badr Mohammed al-Meer, Qatar Airways Group Chief Executive Officer, remarked, “Our investment in Airlink further demonstrates how integral we see Africa being to our business' future.''
Qatar Airways is owned by the Qatari government.
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