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. The airlines, along with Virgin owner Bain Capital, announced details of the long-rumoured agreement before markets opened in Sydney. Under the plan, Qatar would take a minority stake in Virgin for an undisclosed sum. The firms said it would spell more direct flights from Brisbane, Melbourne, Perth, and Sydney to Doha, which would better link Australia with Europe and elsewhere. That could significantly rebalance Australia's air travel market, which is currently dominated by Qantas, a pseudo-flag carr
Hence then, the article about qatar airways seeking 25 percent stake in virgin australia was published today ( ) and is available onThe New Arab ( Kuwait ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Qatar Airways seeking 25 percent stake in Virgin Australia )