Qatar Airways plans to acquire a 25 per cent stake in Virgin Australia, while the existing codeshare agreement between the two carriers is also expected to expand.

Virgin announced on Oct. 1 that Qatar aims to acquire a 25% stake in the Australian airline from owner Bain Capital. The pair are already strategic partners, and the stake would lead them to strengthen their relationship, the carriers said. The Qatar Airways interest has been previously reported.

Qatar Airways Group has announced plans to buy a 25% minority stake in Virgin Australia from Bain Capital, strengthening the existing partnership between the two airlines. According to Virgin Australia,

Qatar Airways has announced its intention to buy a 25% stake in Virgin Australia as the Middle East airline takes a new approach to strengthening its presence in the Australian market. The Qatari flag carrier is hoping to acquire a stake in the country’s second biggest airline from Bain Capital,

Qatar Airways is set to acquire a 25% stake in Virgin Australia from US private equity firm Bain Capital, marking a significant move in the Australian aviation market. The deal, for an undisclosed amount,

(Reuters) -Qatar Airways plans to buy a 25% stake in Australia's No. 2 airline Virgin Australia from U.S. private equity firm Bain Capital, the companies said in a joint statement on Tuesday. The purchase of the minority stake for an undisclosed amount will serve as a cornerstone investment ahead of an anticipated return of Virgin Australia into public ownership,

Australia’s second-largest airline, Virgin Australia, said Middle Eastern carrier Qatar Airways plans to acquire a 25% stake, a key investment as the Bain Capital-owned carrier eyes an IPO.

Qatar Airways plans to take a 25% stake in Australia’s Virgin Australia Airlines Pty, expanding the Gulf carrier’s global network of equity holdings.

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.

The deal will see Qatar Airways buy a 25 per cent equity stake in Virgin Australia from private equity group Bain Capital, which bought the carrier originally set up by Sir Richard Branson out of administration during the pandemic.