Qatar Airways Signals Appetite for More Deals in African Aviation Following Airlink Investment
Qatar Airways Expands Investment in Airlink
Qatar Airways has recently acquired a 25% stake in South Africa's Airlink, a move signaling its appetite for more deals in the African aviation sector. The Gulf airline's CEO, Badr Mohammed Al-Meer, mentioned the company is open to additional investments if collaboration opportunities arise. With this investment, Qatar Airways aims to enhance its operations across Africa, a region Al-Meer describes as underserved.
Investment Goals
Al-Meer stated Africa is important for Qatar Airways, representing 18% of the global population. The airline has already secured stakes in other major carriers, including IAG and Latam Airlines. It is also finalizing plans for a 49% investment in Rwanda's RwandAir.
Market Outlook
- Demand for air travel in Africa is expected to grow.
- Qatar Airways looks to funnel traffic through its Doha hub, enhancing passenger access from regional cities.
- The aviation market in Africa is yet to reach its potential.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.