Nokukhanya Mntambo21 August 2024 | 6:35
Qatar Airways optimistic about African expansion following Airlink deal
Qatar Airways is set to acquire a 25% stake in southern Africa’s regional carrier Airlink.
Qatar Airways plane. Image: Bilal EL-Daou on Pixabay
JOHANNESBURG - Qatar’s flagship carrier Qatar Airways says it is upbeat about its expansion in Africa, following its decision to acquire a 25% stake in southern Africa’s regional carrier, Airlink.
Qatar Airways announced the move on Tuesday in Doha after Airlink executives met to seal the deal.
This means the Qatari airline now has a maximum foreign ownership share that South African regulators allow for airlines.
Airlink CEO Rodger Foster said the deal was a big win for both companies looking to spread their wings on the African continent.
"This investment by Qatar Airways echoes Airlink’s faith in these markets and those which we plan to add to our network in the future."