Virgin Australia hopes to expand international flight offerings, 'compete better domestically' after Qatar Airways agrees to buy 25pc stake
ABCQatar Airways will buy a 25 per cent stake in Virgin Australia after an agreement was reached between the Australian airline's owner, Bain Capital, and the Gulf carrier. Under the proposed deal, Virgin Australia plans to launch flights from Brisbane, Melbourne, Perth and Sydney to Doha, hoping to achieve its "measured entry" into long-haul international flying by mid-2025. Jayne Hrdlicka, Virgin Australia's chief executive, said the deal would allow the airline to better compete within Australia and expand its international flight offerings. An ACCC spokesperson said in a statement it would consider the impact of the deal on competition "by both the acquisition of 25 per cent of Virgin Australia and the proposed cooperation between the airlines".
History of this topic
After Qantas lobbied against its Australian landing plan, Qatar goes the revenge route with Virgin deal
ABCVirgin Australia says more Qatar Airways flights would lower airfares, Flight Centre says 'no logic' to decision to block Qatar flights
ABC
Airlines launch international flights sales to lure tourists back
Daily Mail
Virgin Australia is taking bookings for flights to Bali and Fiji in December
Daily MailBain Capital becomes the new owner of Virgin Australia after creditors agree to $3.5 billion deal
ABC)
Virgin Australia Announces 3,000 Job Cuts As It Plans to Revive Its Fortunes Under New Owners
News 18Discover Related
)
)
