Qatar Airways Nears Southern African Airline Investment - News Summed Up

Qatar Airways Nears Southern African Airline Investment


Qatar Airways is close to completing an equity investment in an undisclosed southern African carrier as it seeks to deepen its network across Africa. “We are at the final stage of an equity investment in an airline in the southern part of Africa,” Qatar Airways CEO Badr Mohammed Al Meer said during a panel discussion at the Qatar Economic Forum in Doha, adding that a deal could be announced in two to three weeks. He said the Oneworld alliance member continues to grow organically in north and west Africa, but has identified central and southern Africa as areas needing development. Around 13,900 weekly departure seats are currently available from points in eastern Africa, along with 13,400 in north Africa, 9,300 in southern Africa and 7,100 in central and western Africa. “The way to go is through partnerships—both between African airlines and between African airlines and other international carriers.


Source: The North Africa Journal May 15, 2024 16:03 UTC



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