https://www.engineeringnews.co.za
Africa
Africa
africa

Qatar Airways to invest in an airline in Southern Africa

A Qatar Airways B777 aircraft

A Qatar Airways B777 aircraft

Photo by Reuters

15th May 2024

By: Reuters

  

Font size: - +

Qatar Airways will soon announce an investment in an airline in Southern Africa, its CEO said on Wednesday, part of the Gulf carrier's drive to expand its network in Africa.

"We are at the final stage of an equity investment in an airline in the southern part of Africa," Badr Mohammed Al Meer said on a panel at the Qatar Economic Forum in Doha, saying the deal could be announced in two to three weeks.

Meer, who became CEO in November, said the southern part of Africa was a gap in Qatar Airways' network coverage on the continent.

He added that Qatar Airways wants to expand the fleets of its partner airlines in Africa to improve connectivity.

Qatar Airways in 2019 took a 60% stake in a new $1.3-billion international airport being built in Rwanda and has code share agreements with several airlines in Africa including Rwandair.

Rwandair CEO Yvonne Manzi Makolo, speaking in Doha, said the airport could be incorporated around 2027/28.

Edited by Reuters

Comments

Showroom

John Thompson
John Thompson

John Thompson, the leader in energy and environmental solutions through value engineering and innovation, provides the following: design, engineer,...

VISIT SHOWROOM 
Yale Lifting Solutions
Yale Lifting Solutions

Yale Lifting Solutions is a leading supplier of lifting and material handling equipment in Southern Africa. Yale offers a wide range of quality...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Economic growth a top priority for GNU
Economic growth a top priority for GNU
19th July 2024 By: Creamer Media Reporter
Magazine round up | 19 July 2024
Magazine round up | 19 July 2024
19th July 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.305 0.367s - 208pq - 2rq
Subscribe Now