https://en.sputniknews.africa/20240821/qatar-airways-says-acquired-25-stake-in-south-africas-airlink-1067942669.html
Qatar Airways Says Acquired 25% Stake in South Africa’s Airlink
Qatar Airways Says Acquired 25% Stake in South Africa’s Airlink
Sputnik Africa
MOSCOW (Sputnik) - Airlink is a regional airline based in Johannesburg, South Africa, founded in 1992. It connects smaller towns and regional centers with... 21.08.2024, Sputnik Africa
2024-08-21T09:32+0200
2024-08-21T09:32+0200
2024-08-21T10:55+0200
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Qatari flag carrier Qatar Airways said that it had acquired a 25% stake in South African regional carrier Airlink. Airlink operates flights on more than 45 routes to 15 African countries, the statement read, adding that the airline's fleet consists of over 65 aircraft. The value of the deal, which is currently awaiting regulatory approval, has not been disclosed.
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Qatar Airways Says Acquired 25% Stake in South Africa’s Airlink
09:32 21.08.2024 (Updated: 10:55 21.08.2024) MOSCOW (Sputnik) - Airlink is a regional airline based in Johannesburg, South Africa, founded in 1992. It connects smaller towns and regional centers with major hubs using a fleet of Embraer and Jetstream aircraft. It also partners with larger airlines, like South African Airways, for broader network connectivity.
Qatari flag carrier
Qatar Airways said that it had acquired a 25% stake in South African regional carrier Airlink.
"Qatar Airways Group has acquired a 25% stake in Southern Africa’s premier independent regional carrier, Airlink. The announcement is a continuation of the multi-award-winning airline’s ambition to further develop its operations across the African continent," the company said in a statement on Tuesday.
Airlink operates flights on more than 45 routes to 15 African countries, the statement read, adding that the
airline's fleet consists of over 65 aircraft.
The value of the deal, which is currently awaiting regulatory approval, has not been disclosed.
