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Qatar Airways Acquires 25% Stake In South Africa’s Airlink
The investment will improve Qatar Airways’ position as a regional player in the African market and boost its economic potential.
The Qatar Airways Group has acquired a 25% share of Southern Africa’s top independent regional carrier, Airlink. The announcement signals ambitious plans for the multi-award-winning airline to further expand operations across the African continent. In addition, the investment in Airlink (which already flies to over 45 African destinations) will enhance the code-sharing alliance between the two carriers.
After the announcement, Qatar Airways Group Chief Executive Officer Engr. Badr Mohammed Al-Meer stated: “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 realizing”.
Airlink Chief Executive Rodger Foster added: “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. By bolstering Airlink and its business, this investment will strengthen all of the existing airline partnerships Airlink has nurtured over the years”.
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The Qatar Airways and Airlink partnership will soon align both carriers’ loyalty programs — Qatar Airways Privilege Club and Airlink Skybucks — and eventually lead to further cooperation and market growth for both airlines.
Qatar Airways already flies to 29 African destinations, with a handful of new cities added since December 2020, including Abidjan, Abuja, Accra, Harare, Kano, Luanda, Lusaka, and Port Harcourt. Meanwhile, Cairo and Alexandria have also resumed regular scheduled flights.