Qatar Airways is planning to acquire 49 percent stake in RwandAir, Rwanda’s national carrier, and will take delivery of 40 aircraft this year, announced H E Akbar Al Baker, Group Chief Executive, Qatar Airways.
“In 2020, we will have around 40 aircraft that will be delivered,” said H E Al Baker, addressing a press conference held on the sidelines of the CAPA Qatar Aviation, Aeropolitical and Regulatory Summit. “It is 49 percent stake that we are negotiating for in RwandAir. We are very tough negotiators. We will take our time to negotiate,” His Excellency said.
He added that Qatar Airways is investing in RwandAir after identifying Africa as a market with significant potential. Qatar Airways agreed in December to acquire a 60 percent stake in Rwanda’s new Bugesera International Airport, located south of the capital Kigali, where an existing hub is at full capacity.