Qatar Airways to acquire stake in Virgin Atlantic


Qatar Airways to acquire stake in Virgin Australia

Monday, 30 Sep, 2024 0

Gulf carrier Qatar Airways plans to take a 25% stake in Virgin Australia.

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

“This partnership brings the missing piece to Virgin Australia’s longer-term strategy,” said Virgin CEO Jayne Hrdlicka.

“It will further strengthen Virgin Australia’s ability to compete over the long term, which will inevitably translate into more choice and better value airfares.”

A deal would spur expansion of Virgin Australia’s international network.

It plans to launch Doha flights from Brisbane, Melbourne, Perth and Sydney.

Related News Stories:  Qatar Airways – TravelMole     Qatar Airways expands Boeing order     Qatar Airways     Qatar Airways adds Saudi flights     Qatar Airways introduces caviar to Business Class     Qatar Airways restarts Lisbon flights     Qatar Airways named title partner of the British & Irish Lions in …     Qatar Airways scores sponsorship deal with Inter Milan     Qatar Airways adding eighth daily London Heathrow flight     Qatar Airways adds more Amsterdam flights for winter



Related News Stories:  



Learn more about :   Qatar Airways ( Asia Pecific )  



 

profileimage

TravelMole Editorial Team

Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.



Most Read

Bubba O’Keefe on Clarksdale’s Vibrant Music Scene

Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee

Craig Ray and the Expansion of the Blues Trail

Presenting Mississippi’s Cultural Trails with Katie Coats

Robert Terrell: A Journey Through BB King’s Influence

Rochelle Hicks: Celebrating Mississippi’s Musical Legacy

Exploring Jacksonville with Katie Mitura: The Flip Side of Florida

Tricia Handley-Hughes of Inteletravel announces the location for the TravelQuest 2025 conference

Insights from James Ferrara on Inteletravel’s Growth and Future

Tricia Handley-Hughes on Inteletravel’s Growth and Challenges

Tony from Gatto’s Pizza on Columbus’s Unique Pizza Trail

Sophia Hyder Hock on Global Social Inclusion in Tourism
TRAINING & COMPETITION

Our emails to you has bounced travelmole.com Or You can change your email from your profile Setting Section

Your region selection will be saved in your cookie for future visits. Please enable your cookie for TravelMole.com so this dialog box will not come up again.

Price Based Country test mode enabled for testing United States (US). You should do tests on private browsing mode. Browse in private with Firefox, Chrome and Safari

true