Qatar Airways buys 25% stake in South Africa’s Airlink

Qatar Airways buys 25% stake in South Africa’s Airlink

QLNews
By QLNews

Qatar Airways, the country’s national airline, has acquired a 25% stake in South Africa’s regional carrier Airlink in a bid to expand its operations across the continent.

The investment in Airlink, which flies to more than 45 destinations across 15 African countries, is expected to enhance a code-sharing partnership between the two airlines. The Gulf carrier said it will significantly help bolster its Africa growth strategy.

“Our investment in Airlink further demonstrates how integral Africa is to our business’ future. This partnership not only demonstrates our confidence in Airlink as a company that’s resilient, agile, financially robust, and governed on sound principles, but also our trust in Africa as a whole, showing huge potential,” said Qatar Airways Group CEO Engr. Badr Mohammed Al Meer.

Airlink Chief Executive Rodger Foster added that the equity partnership will allow the airline to add to its network, increase capacity and expand marketing reach.

The partnership will also include an alignment between both carriers’ loyalty programmes — Qatar Airways Privilege Club and Airlink Skybucks.

Qatar Airways currently flies to 29 destinations in Africa. The airline has been driving its Africa growth strategy since 2019, when Qatar Airways picked up a 60% stake in a new multi-billion-dollar international airport being built in Rwanda (near Kigali), along with signing codeshare agreements with several airlines in Africa, including Rwandair.

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By kgksia• 22 Aug 2024 11:31
kgksia

congratulation!

https://www.kadashika.jp/

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