Qatar Airways Community has acquired a 25 p.c stake in Southern Africa’s premier independent regional provider, Airlink. The announcement is a continuation of the multi award-a success airline’s ambition to further form its operations across the African continent.
The investment in Airlink – which flies to more than 45 destinations in 15 African countries – will give a take to a code-sharing partnership between the 2 airways. The deal will bolster Qatar Airways’ Africa increase plot and cement its role as a key driver to the continent’s financial success.
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On the announcement, Qatar Airways Community Chief Govt Officer, Badr Mohammed Al-Meer, acknowledged: “Our investment in Airlink further demonstrates how integral we behold Africa being to our industry’ future. This partnership no longer only demonstrates our self belief in Airlink, as a company that is resilient, agile, financially sturdy and dominated on sound principles, however also in Africa as a total, exhibiting monumental most likely that I am happy we are ready to support birth realising.”
Airlink Chief Govt, Rodger Foster, acknowledged: “Having Qatar Airways as an equity associate is a sturdy endorsement of Airlink and echoes our faith in the markets we for the time being relief and idea to add to our network. This transaction will liberate increase by providing efficiencies of scale, increasing our ability and increasing our marketing and marketing attain. By bolstering Airlink and its industry, this investment will relief all the existing airline partnerships Airlink has nurtured over the years.”
Qatar Airways for the time being flies to 29 destinations in Africa, and there’s been stable increase in the market with fresh destinations added to the Qatar Airways network on the continent since December 2020.
Abidjan, Abuja, Accra, Harare, Kano, Luanda, Lusaka, and Port Harcourt are the African cities newly added to the massive Qatar Airways network, while Cairo and Alexandria had been resumed.
