Qatar Airways plans expansion in Africa as it finalises stake in southern airline - News Summed Up

Qatar Airways plans expansion in Africa as it finalises stake in southern airline


Qatar Airways plans to buy a stake in an airline based in southern Africa as part of its wider plans to grow its route network across the continent following partnerships with Kigali-based RwandAir and Morocco's flagship carrier Royal Air Maroc. An announcement of the deal could be made in the next two to three weeks, Qatar Airways' chief executive Badr Al Meer said at the Qatar Economic Forum in Doha on Wednesday. While Mr Al Meer did not identify the target of Qatar Airways' equity stake investment, he said southern Africa has just two or three airlines to pick from. State-owned Qatar Airways flies to more than 30 destinations in Africa. Qatar Airways chief executive, Badr Mohammed al-Meer (centre) and the chief executive of RwandAir, Yvonne Makolo (right), in a panel discussion at the Qatar Economic Forum in Doha.


Source: Ethiopian News May 15, 2024 13:43 UTC



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