Qatar bids for quarter stake in Virgin Australia

Virgin will be able to connect to Qatar's international networks under the deal. (Image: Supplied)

Tue, 01 Oct 2024

By Luke CostinQatar Airways intends to acquire a quarter stake in Virgin Australia in a partnership the latter calls a "missing piece" of its long-term strategy.Travellers would have more airfare options and competition under a major proposal for the Qatar government to take a large stake in Virgin Australia.Qatar Airways Group intends to acquire a minority 25 per cent equity stake in Virgin Australia from Bain Capital, the airlines announced on Tuesday.Subject to several regulatory approvals, the deal would enable Virgin to launch fl...

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