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Published

Qatar Airways seeking 25% stake in Virgin Australia

  • Qatar Airways is set to acquire a 25% stake in Virgin Australia after an agreement with Bain Capital, pending approval from the Foreign Investment Review Board.
  • The partnership aims to increase direct flights from Brisbane, Melbourne, Perth, and Sydney to Doha, enhancing global connectivity for Australian travelers.
  • This deal could reshape Australia's aviation market, currently dominated by Qantas, potentially opening over 100 new travel itineraries worldwide.
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