Qatar Airways to buy 25 per cent of Virgin
After Qantas lobbied against its Australian landing plan, Qatar goes the revenge route with Virgin deal
After Qantas successfully lobbied against extra Qatar Airways flights, the Middle Eastern airline has exacted revenge on the Flying Kangaroo with a deal that will increase competition and possibly result in cheaper fares.
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 to buy 25% stake in Virgin Australia
STORY: Qatar Airways is set to acquire a 25% stake in Virgin Australia, challenging Qantas Airways, Australia's largest airline, on the country's routes.Virgin Australia's CEO Jayne Hrdlicka said in a Tuesday statement the deal was the "missing piece" to the airline’s long-term strategy.
Qatar Airways to acquire stake in Virgin Atlantic
Gulf carrier Qatar Airways plans to take a 25% stake in Virgin Atlantic. The airline agreed a deal with Virgin parent Bain Capital. The transaction is subject to a final approval by Australia’s Foreign Investment Review Board
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 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.
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Qatar Airways buys into Virgin Australia, raising stakes against Qantas
Qatar Airways will buy 25 per cent stake in Virgin Australia from US private equity firm Bain Capital, posing a tougher ...
Qatar Airways buys into Virgin Australia, raises stakes against Qantas
The stake sale also serves as a cornerstone investment ahead of an anticipated return of Virgin Australia into public ...