INSUBCONTINENT EXCLUSIVE:
Qatar airways(Photo: Reuters)3 min read Last Updated Oct 01 2024 | 11:21 AM IST
Qatar Airways will buy a 25 per cent stake in Virgin
Australia from United States private equity firm Bain Capital, posing a tougher contest for Qantas Airways that has dominated Australian
will need to be signed off by Australia's government, which denied Qatar Airways' requests last year to fly additional services into
shareholder who has a scale that we don't have, who has the expertise that we don't have, that can help us compete better domestically by
explore an IPO of Virgin Australia, which it bought for A$3.5 billion ($2.42 billion) including liabilities after it was placed in voluntary
from Brisbane, Melbourne, Perth and Sydney to Doha with leased aircraft by mid-2025, subject to approval from Australia's competition
which lobbied against more access for the Qatari carrier
sale of the Virgin Australia stake to Qatar Airways, but the treasurer has the power after that to accept or reject the recommendation and
Chalmers told reporters after the deal was announced
report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)First
Published: Oct 01 2024 | 11:21 AMIST
