Qatar Airways has acquired a 25% equity stake in South African airline Airlink, one of Africa’s largest carriers.
The deal, which was signed on August 20, 2024, in Doha, builds upon years of collaboration between the two airlines, which already codeshare some of their flights.
After this equity investment, the two airlines are expected to strengthen their partnership, enhancing the connectivity between their respective networks, cooperating in the commercial sphere and linking their respective loyalty programs.
As of August 2024, Airlink operates an all-Embraer fleet of more than 60 aircraft, which comprise pretty much all types of commercial jet made by the Brazilian manufacturer, from 37-seaters ERJ-135 to the E-195, which can carry more than 100 passengers.
The Qatari flag carrier will also gain two seats on the board of Airlink, although it will remain a minority, non-controlling shareholder, explained Airlink CEO, Rodger Foster during an interview with a South African news network shortly after the signing ceremony.
With this move, Qatar Airways also highlighted its commitment to the African market, a continent where it already flies to 29 destinations. It is expected that the Airlink tie-up will contribute to boosting links between the Doha hub and additional markets in South and East Africa, where Airlink is strong.
Airlink CEO Rodger Foster: “There needs…
Source www.aerotime.aero
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