Qatar Airways bids for stake in Virgin Australia
Qatar Airways buys into Virgin Australia, raising the stakes against Qantas
Qatar Airways will buy a 25% stake in Virgin Australia from U.S. private equity firm Bain Capital, posing a tougher contest for Qantas Airways that has dominated Australian routes and pushed back against giving access to the Middle Eastern carrier.
Qatar Airways deal can help Virgin escape Qantas’ flying wedge
Allowing an international state-owned carrier buy a stake in Australia’s second-biggest airline will go a long way to creating a better competitive balance in the domestic aviation market.
Qatar Airways is set to acquire 25% of Virgin Australia. Who will be the winners?
Qatar Airways has announced plans to buy a 25% minority stake in Virgin Australia from its owner, US private equity firm Bain Capital.
Qatar Airways to buy 25% stake in Virgin Australia
Qatar Airways announced its intention to buy a 25% stake in Virgin Australia as it seeks to strengthen its presence in the Australian market.
Qatar Airways Proposes 25% Stake in Virgin Australia, Aims to Challenge Qantas Dominance
Qatar Airways plans to acquire 25% of Virgin Australia, potentially to reshape the Qantas-dominated Australian aviation market.
Qatar Airways to take 25% stake in Virgin Australia; move could challenge Qantas’ dominance
Virgin Australia says deal would increase competition with Qantas but consumer watchdog will need to scrutinise it. Read more at straitstimes.com.
Qatar Airways to acquire 25% stake in Virgin Australia, challenges Qantas’ market dominance
Qatar Airways' investment is expected to intensify competition in Australia’s aviation sector, providing travellers with more choices and lower fares.
Qatar Airways seeking 25% stake in Virgin Australia
Qatar Airways unveiled a bid to take a 25 percent stake in troubled airline Virgin Australia on Tuesday, a deal that could shake up Australia's Qantas-dominated market. That could significantly shake up Australia's air travel market which is currently dominated by Qantas,
Qatar Airways Plans to Acquire 25% Stake in Virgin Australia
Australia’s second-largest airline, Virgin Australia, said Middle Eastern carrier Qatar Airways plans to acquire a 25% stake, a key investment as the Bain Capital-owned carrier eyes an IPO.
Qatar Airways eyes Australian routes as it picks up minority stake in Virgin
Qatar Airways will buy a 25% stake in Australia's No. 2 airline Virgin Australia from U.S. private equity firm Bain Capital, the companies said on Tuesday, as the Gulf carrier looks for access into Australian routes that the government denied last year.
Qatar Airways agrees to buy 25% stake in Virgin Australia
The deal will see Qatar Airways buy a 25 per cent equity stake in Virgin Australia from private equity group Bain Capital, which bought the carrier originally set up by Sir Richard Branson out of administration during the pandemic.
Qantas will rue day it opposed Qatar’s expansion
What seemed a good idea at the time now reeks of hypocrisy. The question is how much the decision will come back to haunt ...
The big aviation wedge: Why the government can’t say no again to Qatar
It would be reckless for Treasurer Jim Chalmers to even try to deny Qatar’s application to buy a 25 per cent stake in Virgin.
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Qantas buckles up for a fresh fight as Qatar puts wind beneath Virgin’s wings
Qantas has posted record annual profits but now it faces a scrap from its main competitor, Virgin Australia, thanks to the ...
The Australian17h
How Virgin, Qatar Airways deal puts competition in the air
As with anything in Australian aviation, all routes eventually lead back to Qantas. And it was the furious lobbying last year of the Prime Minister under the airline’s mercurial former boss, Alan ...