Qatar Plans to Buy a 25 Percent Stake in Virgin Australia, New Doha Flights

By Monica O’Shea Qatar Airways is planning to acquire a 25 percent stake in Virgin Australia, a deal that could increase competition in the Australian travel market. The plan, subject to Foreign Investment Review Board approval, would enable Virgin to launch a range of new flights from capital cities to Doha. Virgin Chief Executive Jayne Hrdlicka estimates that new long-haul…

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