Qatar Airways, Virgin Australia
Australia Allows Qatar Airways to Take Virgin Australia Stake
Qatar Airways Ltd.’s acquisition of a 25% stake in Virgin Australia can proceed subject to enforceable conditions, Australian Treasurer Jim Chalmers said, adding the deal would improve competition in the country’s highly-concentrated aviation sector.
Airways · 2h
Qatar Airways Secures Stake in Virgin Australia
Qatar Airways’ investment will provide VA with access to the expertise and scale of a global airline, enhancing its ability to compete in domestic and international markets. Existing shareholders—Bain Capital, Virgin Group, and Queensland Investment Corporation—will retain their stakes in the airline.
Virgin Australia and Qatar Airways have officially been given the green light by the Australian Government to partner in a move predicted to shake up the local aviation industry.
Qatar Airways has installed Starlink Wi-Fi on its 30th aircraft, equipping over 50 per cent of its Boeing fleet with the ...
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