Qatar Airways Group has acquired a 25 stake in Airlink.
The announcement indicates Qatar Airways continuing intention to develop its operations and interests across the African continent.
It also ends months of speculation over which carrier was under discussion when the Qatari government announced a coming acquisition in Southern Africa in May this year.
The investment in Airlink which flies to more than 45 destinations in 15 African countries will enhance a codesharing partnership between the two airlines. The deal will be a boost to Qatar Airways Africa growth strategy and its role in driving the continents economic success.
Qatar Airways Group CEO, Engr. Badr Mohammed Al-Meer, said 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.
