Qatar Airways seeking 25% stake in Virgin Australia
- Qatar Airways Group is acquiring a 25% stake in Virgin Australia, enhancing their partnership, according to Virgin Australia.
- Jayne Hrdlicka, Virgin Australia CEO, described the investment as a "cornerstone investment" and vital for the airline's strategy.
- Virgin plans new flights to Doha from major Australian cities, pending regulatory approval, which could connect to 107 new destinations.
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Qatar Airways is set to acquire 25% of Virgin Australia. Who will be the winners?
Qatar Airways’ previous attempts to expand in Australia haven’t always gone smoothly. But will Qantas be worried regardless? The post Qatar Airways is set to acquire 25% of Virgin Australia. Who will be the winners? appeared first on Crikey.
Qatar Airways to acquire a 25% stake in Virgin Australia
Qatar Airways Group has announced plans to buy a 25% minority stake in Virgin Australia from Bain Capital, strengthening the existing partnership between the two airlines. According to Virgin Australia, the deeper strategic partnership between the two carriers will drive increased competition in Australian aviation. “This will ensure Australian consumers have access to even better value airfares and greater choice,” the airline said in a statem…
Qatar Airways is set to acquire 25% of Virgin Australia. Who will be the winners?
Peter Gudella/ShutterstockQatar Airways has announced plans to buy a 25% minority stake in Virgin Australia from its owner, US private equity firm Bain Capital. The two airlines have already had a strong relationship as “codeshare partners” since 2022. Codesharing is where airlines agree to sell seats on each other’s flights. This new announcement, however, is a big step up. All of this will, of course, be subject to approval from both Austral…
Qatar Airways Boosts Australian Presence with 25% Stake in Virgin Australia - The Media Line
Qatar Airways is set to acquire a 25% […] The post Qatar Airways Boosts Australian Presence with 25% Stake in Virgin Australia appeared first on The Media Line.
Qatar Airways unveiled on Tuesday an offer to take a 25% stake in the troubled airline Virgin Australia, an operation that could upset the Australian market dominated by Qantas....
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