Qatar Airways acquires 25% stake in South African carrier Airlink
Qatar Airways Group has acquired a 25% stake in Southern Africa’s premier independent regional carrier, Airlink.
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 announcement is a continuation of the multi award-winning airline’s ambition to further develop its operations across the African continent.
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“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” Qatar Airways Group Chief Executive Officer, Badr Mohammed Al-Meer, said.
“Having Qatar Airways as an equity partner 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”, Airlink Chief Executive, Rodger Foster, said.
The partnership between Qatar Airways and Airlink seeks to align both carriers’ loyalty programs – Qatar Airways Privilege Club and Airlink Skybucks.
Qatar Airways currently flies to 29 destinations in Africa. Abidjan, Abuja, Accra, Harare, Kano, Luanda, Lusaka, and Port Harcourt are the African cities newly added to the extensive Qatar Airways network, while Cairo and Alexandria were resumed.
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