The Australian Foreign Investment Review Board has approved a proposal by Qatar Airways (QR, Doha Hamad International) to buy a 25% stake in Virgin Australia (VA, Brisbane International). The government confirmed the approval on February 27, 2025, saying the acquisition and cooperation between the two airlines would offer passengers more choices, put downward pressure on airfares, and benefit the broader economy.
“The proposal will deliver more flights for Australians and strengthen competition in the…
Source: ch aviation
Read more: Gov't approves Qatar Airways stake in Virgin Australia