South Africa
Qatar Airways has acquired a 25% stake in the privately owned South African carrier Airlink.
The announcement was made Tuesday (Aug. 20).
No financial details of the deal were immediately disclosed.
Airlink flies to more than 45 destinations in southern and East Africa. The deal will enhance an existing code-share agreement between the airlines, they said.
“Our investment further demonstrates how integral we see Africa being to our business’ future," the CEO of the Qatari state-owned carried said.
Abidjan, Abuja, Accra, Harare, Luanda and Lusaka are among the African cities newly added to the extensive Qatar Airways network.
Go to video
Semenya ruling shakes foundations of gender rules in sport
01:53
SMES under pressure as business confidence hits four-year low in South Africa
Go to video
Former South African deputy president David Mabuza dies at 64
00:56
South Africa: At least 101 dead in Eastern Cape floods as rescue efforts continue
Go to video
African gut study reveals urbanization threatens microbial diversity
01:35
Edgar Lungu's family condemns court decision to stop private burial in South Africa