Qatar Airways to Buy 25% Stake in Virgin Australia
Qatar Airways to Buy 25% Stake in Virgin Australia From Bain
Qatar Airways plans to take a 25% stake in Australia’s Virgin Australia Airlines Pty, deepening ties between the two carriers, including Virgin starting flights to Doha to feed into the Gulf carrier’s international network.
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 acquire 25% stake in Virgin Australia, enhancing airline partnerships
The stake will be acquired from Virgin Australia’s owner Bain Capital, the companies said in a joint statement
Qatar Airways to buy 25% stake in Virgin Australia from Bain Capital
Qatar Airways plans to acquire a 25% stake in Virgin Australia. The deal, pending regulatory approval, aims to improve Qatar's market access.
Qatar Airways agrees to buy 25% stake in Virgin Australia
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.
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 Plans to Acquire 25% Stake in Virgin Australia
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 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.
Qantas faces ‘competitive threat’ from Virgin Australia after Qatar’s plans to buy stake
The Australian's Associate Editor Eric Johnston says Qantas faces a “competitive threat” following Qatar’s plans to buy a 25 per cent stake in Virgin Australia.
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