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Name: Qatar Airways aims for 25 per cent stake in Virgin Australia
Uploaded: 2024-10-01T11:53:08.115Z
Duration: 2 min 27 s
Description: The venture would see Australia's second largest aviation player, Virgin Australia, sell a 25 per cent stake to Gulf carrier, Qatar Airways. The transaction, still subject to approval, would allow Virgin to return to long-haul international flying by mid-next year. That would open new routes for travellers and make it a formidable competitor for Qantas.

Qatar Airways aims for 25 per cent stake in Virgin Australia

Published 1 October 2024, 9:48 am

The venture would see Australia's second largest aviation player, Virgin Australia, sell a 25 per cent stake to Gulf carrier, Qatar Airways. The transaction, still subject to approval, would allow Virgin to return to long-haul international flying by mid-next year. That would open new routes for travellers and make it a formidable competitor for Qantas.

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Australia

Finance