Qatar Airways to buy 25 per cent of Virgin
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 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 intends to acquire 25 per cent of Virgin Australia in strategic deal
Qatar Airways is set to take its partnership with Virgin Australia, with the Doha-based carrier intending to acquire a minority 25% equity stake in the carrier from owners Bain Capital.
Press Release: Qatar Airways Group to acquire 25% of Virgin Australia
Qatar Airways Group intends to acquire a minority 25% equity stake in Virgin Australia from Bain Capital, the airline announced today.
How a simple favour brought Virgin Australia and Qatar Airways together
Central to the deal, Virgin will embark on a wet lease arrangement with Qatar as a way to return to long-haul international flying without having to buy more aircraft. In a “wet lease” one airline uses its own aircraft and crew to operate flights that are sold and marketed exclusively by another.
Qatar Airways invests in Virgin Australia: A strategic $3bn boost to Aussie aviation
Qatar Airways plans to acquire a 25% stake in Virgin Australia, enhancing competition and offering better value for Australian air
Qatar Airways Group, Announces Intention to Acquire 25 per cent Minority Stake in Virgin Australia
The existing partnership between Virgin Australia and Qatar Airways will be strengthened with today’s announcement that Qatar Airways Group intends to acquire a minority 25% equity stake in Virgin Australia from Bain Capital (subject to FIRB approval).
Qatar Airways is set to acquire 25% of Virgin Australia. Who will be the winners?
Qatar Airways has announced plans to buy a 25% minority stake in Virgin Australia from its owner, US private equity firm Bain Capital.
Virgin Australia mulls widebody return as Qatar seeks 25% stake
Qatar Airways has announced its intention to take a minority 25% stake in Virgin Australia, in a "strategic investment" that has the potential to shake up the Australian airline sector.
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.
Analyst discusses Qatar Airways plan to buy 25% stake in Virgin Australia
Alex Macheras, aviation consultant, says the deal will benefit Australian consumers.
Aviation expert Dr Rico Merkert flags one of the 'main advantages' of Qatar Airways, Virgin Australia deal that's not just lower airfares
The widely praised move by ‘world’s best airline’ Qatar Airways to seek a 25 per cent stake in Virgin Australia would not only bring airfares down, but see Aussie carrier’s loyalty program explode, an ...
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Qatar Airways Seeks to Take 25% Stake in Virgin Australia
Qatar’s stake in Virgin Australia could revive international flying for the carrier and increase competition in the ...