Qatar Airways, Virgin Australia
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.
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 · 1h
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.
Couple says they were forced to sit next to dead body for hours on Qatar flight
After a passenger unexpectedly died on a flight from Australia, their body remained seated next to a couple for hours. The incident occurred during the 15-hour flight from Melbourne to Doha. Qatar Airways extended condolences to the passenger’s family and apologized for any distress caused.
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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