Qatar Airways, Virgin Australia
Australian Treasurer Allows Qatar Airways Stake In Virgin Australia
The Australian government has approved Qatar Airways’ investment in Virgin Australia, which is an important part of the multifaceted partnership proposed by the two carriers. Australian Treasurer Jim Chalmers ruled that Qatar Airways can proceed with its plan to purchase a 25% minority stake in Virgin Australia.
Airways · 13h
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.
Bloomberg L.P. · 1d
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.
Travel Mole · 12h
Qatar Airways stake in Virgin Australia gets green light
Qatar Airways has formally received approval to take a 25% stake in Virgin Australia. Australia’s Foreign Investment Review Board has approved the deal. It comes a week after a draft decision by regulator the Australian Competition and Consumer Commission to authorise an airline alliance between the two carriers.
Aside from the fresh funding, Virgin Australia will start wet leasing B777-300ER s from Qatar Airways and begin running daily ...
According to the guidelines by the International Air Transport Association on dealing with deaths on board a flight, the ...
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