World Daily News
Business
South Africa / Africa

Qatar Airways Boosts African Presence with 25% Stake in Airlink

Images from the reference sources
Qatar Airways has acquired a 25% stake in Airlink, enhancing its presence in the African aviation market and expanding travel opportunities across the continent.

Qatar Airways Expands Influence in Africa with 25% Stake in Airlink

In a strategic move to enhance its footprint in the African aviation market, Qatar Airways has announced its acquisition of a 25% stake in Airlink, a domestic airline operating in South Africa. This investment is part of Qatar Airways' broader strategy to strengthen its presence in the region and capitalize on the growing travel market across the continent. According to Qatar Airways Group CEO, Badr Mohammed Al Meer, this partnership not only reflects the airline's confidence in Airlink's operational capabilities but also underscores the importance of Africa to the future of Qatar Airways’ business.

The acquisition will facilitate easier access for passengers traveling to and from regional cities in southern and eastern Africa, allowing Qatar Airways to expand its network significantly. With Airlink operating flights to over 45 destinations in 15 African countries, the partnership is poised to enhance the airlines' codeshare arrangements, thereby improving connectivity for travelers. Al Meer emphasized that this move is vital for the economic success of the region, highlighting the promising growth potential within the African travel market.

Strengthening Partnerships and Expanding Destinations

During a recent press conference, Airlink CEO Rodger Foster expressed his enthusiasm about the partnership, stating that Qatar Airways' involvement as a shareholding partner provides strong support for Airlink's commitment to expanding its travel markets. The collaboration aims to harmonize the loyalty programs of both airlines, integrating Qatar Airways Privilege Club with Airlink Skybucks, which will enhance customer experience and loyalty.

Since December 2020, Qatar Airways has made significant strides in expanding its African network, adding nine new destinations and currently operating flights to 29 African locations. The investment in Airlink is expected to further solidify Qatar Airways' position as a leading carrier in Africa, complementing its minority stakes in several other international airlines, including British Airways and Cathay Pacific. As the aviation industry continues to recover and grow post-pandemic, Qatar Airways is well-positioned to leverage these partnerships to enhance its global operations.

Clam Reports
Refs: | Aljazeera |

Trends

Business

Protect Yourself: 3 Key Remote Access Fraud Schemes and How to Safeguard Your Data

2024-09-13T14:24:23.549Z

Discover the three prevalent remote access fraud schemes identified by VTB Bank and learn essential tips to protect your personal data from cybercriminals. Stay safe online with expert advice on security measures.

Business

Boeing Faces Historic Strike: 96% of Workers Demand Fair Wages Amidst Financial Crisis

2024-09-13T12:33:43.526Z

Boeing is facing its first major strike in 16 years as 96% of machinists vote for a walkout. The strike threatens to paralyze production of key aircraft models amid ongoing financial challenges. Discover the implications of this labor action and Boeing's response.

Business

Israel's Economic Melodrama: Military Spending Soars Amid Ongoing Conflict

2024-09-13T12:33:39.187Z

Explore how Israel's military spending amid the ongoing Gaza conflict is straining its economy, leading to a budget crisis and widespread business closures. Learn about the financial implications and government responses.

Business

Unlocking Fortune: Explore the Unclaimed $1.13 Billion Mega Millions Jackpot and the €13 Million Super LOTO Draw

2024-09-13T16:33:45.931Z

Discover the mystery behind the unclaimed $1.13 billion Mega Millions jackpot and learn how to participate in the exciting €13 million Super LOTO draw. Don't miss your chance to win big!

Business

Argentina's Aeronautical Strike: 27,000 Passengers Affected Amid Inflation Crisis

2024-09-13T14:13:18.560Z

Discover how a 24-hour strike by Aerolíneas Argentinas is set to impact over 27,000 passengers as workers demand salary increases amid soaring inflation rates in Argentina. Learn about the ongoing labor dispute and the potential implications for the future of the airline.

Business

Afghanistan's TAPI Gas Pipeline: A $22.5 Billion Project Set to Transform Energy Landscape

2024-09-13T12:33:09.211Z

Discover how Afghanistan's TAPI gas pipeline project, a $22.5 billion initiative, is set to transform the energy landscape, boost the economy, and foster regional cooperation among Turkmenistan, Pakistan, and India.

Latest