Qatar Airways acquires 25% stake in private African carrier Airlink

A Qatar Airways jetliner approaches for landing in Lisbon, with a supermoon in the background, at sunrise Tuesday, Aug. 20, 2024. (AP Photo/Armando Franca)

CAPE TOWN, South Africa — Qatar Airways has acquired a 25% stake in the private African carrier Airlink, the airlines said Tuesday.

No financial details of the deal were immediately disclosed.

READ: Qatar Airways reports record $1.7 billion annual profit

South Africa-based Airlink flies to more than 45 destinations in southern and East Africa, and the deal will enhance an existing code-share agreement between the airlines, they said. Qatar Airways currently flies to 29 destinations in Africa.

“Our investment in Airlink further demonstrates how integral we see Africa being to our business’ future,” Qatar Airways group chief executive officer Badr Mohammed al-Meer said in a statement.

Qatar Airways is owned by the Qatari government.