Qatar Airways Invests in Airlink, Expands African Network
Aug 20, 2024 19:05
Qatar Airways acquires a 25% stake in Airlink, a South African airline, expanding its African reach. The deal builds on an existing code-share agreement.
Cape Town, Aug 20 (AP) Qatar Airways has acquired a 25 per cent stake in the private African carrier Airlink, the airlines said Tuesday.
No financial details of the deal were immediately disclosed.
South Africa-based Airlink flies to more than 45 destinations in southern and East Africa, and the deal will enhance an existing code-share agreement between the airlines, they said. Qatar Airways currently flies to 29 destinations in Africa.
“Our investment in Airlink further demonstrates how integral we see Africa being to our business' future," Qatar Airways group chief executive officer Badr Mohammed al-Meer said in a statement.
Qatar Airways is owned by the Qatari government.
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