Qatar Airways Seeks to Take 25% Stake in Virgin Australia
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Qatar’s stake in Virgin Australia could revive international flying for the carrier and increase competition in the Australian market.
Qatar Airways announced that it intends to acquire a 25% stake in Virgin Australia as part of a deal that could drive more competition in the Australian market.
The deal is currently pending regulatory approval from the Australian Competition and Consumer Commission. Qatar said the deal would allow Virgin Australia to launch flights from Sydney, Perth, Brisbane and Melbourn
