Qatar Airways Acquires 25% Stake In Airlink

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Gulf carrier, Qatar Airways has acquired a 25% stake in leading Southern Africa airline, Airlink. Qatar says 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 the World’s Best Airline’s Africa growth strategy and cement its role as a key driver to the continent’s economic success.”

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.”

Airlink Chief Executive Rodger Foster said the investment by Qatar “is a powerful endorsement of Airlink and echoes our faith in the markets we currently serve and plan to add to our network. This transaction will unlock growth by providing efficiencies of scale, increasing our capacity and expanding our marketing reach. By bolstering Airlink and its business, this investment will strengthen all of the existing airline partnerships Airlink has nurtured over the years.”

This investment further expands Qatar Airways footprint on the African continent, the airline having earlier acquired 49% stake in RwandAir. Qatar Airways currently flies to 29 destinations in Africa.

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