An interesting story indeed!
Qatar Airways has been rumoring for months recently about buying a large stake of Africa’s RwandAir. In order to understand why, lets see what Qatar Airways planes with this investment.
Qatar airways is said to buy a 49% stake in RwandAir, said Qatar Airways Chief Executive Officer Akbar al-Baker. They want to buy a large part of the airline and later expand It and its operations by using an “aid.” Qatar Airways says that the African Aviation market is rapidly expanding and is a good place to invest in. Tthe CEO also mentioned how they would use the airline for fights to Doha thats were not affected by the blockade, thus giving passengers a much quicker flight experience which could ultimately lead to higher profits if they succeed with buying a stake in the airline.
“We are very tough negotiators … we will take our time to negotiate.”
-Qatar Airways Chief Executive Officer Akbar al-Baker told reporters on Wednesday in the Qatari capital of Doha.
The CEO, Akbar al-baker said that they will not miss this opportunity as its a very feasible and bright one that could definitely help out the African state of Rwand, thus helping the airline at the same time.
Apart from RwandAir, Qatar Airways also nought a 60% stake in the Rwand airport, hinting of a further move that could involve the state’s airline, which is present here.
RwandAir is an airline that is based out of Kigali International Airport in Kigali. It offers flights to Africa, Europe, Middle East, and Asia using its Airbus A330 and B737 aircraft, with an order of 1 Airbus A330 Neo aircraft. The airline was established in 2003, and has since then been expanding its regional and International network.
|Aircraft||In operation||On order|
|Dash 8 Q-400||2||NA|
A RwandAir Airbus A330-300 landing at Kigali International Airport