Qatar Airways made a bold move by revealing their bid to acquire a 25 percent stake in Virgin Australia, a struggling airline that could shake up Australia’s market dominated by Qantas. The proposed agreement, in collaboration with Virgin owner Bain Capital, aims to enhance direct flights between key Australian cities and Doha, providing better connectivity to Europe and other regions.
This deal could potentially bring more value airfares and choices for Australian consumers, while also opening up the possibility for Virgin to relist on the stock market. However, the agreement is subject to regulatory approval and may face opposition from political forces, as seen in previous attempts by Qatar to expand its operations in Australia being blocked by Qantas’ influence.
Qatar Airways CEO, Badr Mohammed Al-Meer, believes that increased competition in the aviation sector benefits customers and supports the economy. With their vision of enhancing the travel experience for Australians, this partnership could mark a significant shift in Australia’s air travel landscape.
Overall, Qatar Airways’ bid for Virgin Australia signals a potential game-changer in the industry, with the promise of improved services and options for travelers.
The post Qatar Airways seeking 25% stake in Virgin Australia appeared first on Iraqi News.
[ad_2]
Source link
The left-wing Broad Front candidate emerged victorious in a tight race against governing-party candidate Alvaro…
National Data Administration action plan marks major step forward in building integrated data market with…
A startup founder who spent over 14 years in Bengaluru is now relocating to Pune,…
A startup founder who spent over 14 years in Bengaluru is now relocating to Pune,…
TEHRAN: Iran said on Sunday that it would hold nuclear talks in the coming days…
Sturm Sigrid bringt den Wärme-Wumms! Vollständige Geschichte
Airport Authority is doing all it can to fill extra capacity created by soon-to-debut three-runway…
FINNAIR on Saturday communicated that it will cancel hundreds of flights due to two work…
Healthcare workers look to destinations such as Saudi Arabia amid burnout and meagre pay back…
Deutschland hat viel zu wenige Bunker. Ein nationaler Plan soll schnell Abhilfe schaffen. Vollständige Geschichte
Gold Rate Today In India: Know Retail Gold Price On November 25 Access Full Story
Tulsi Gabbard is expected to face scrutiny for comments sympathetic to Russia and a 2017…
Far-infrared saunas, ozone therapy and colon hydrotherapy are top-selling services but many women come regularly…
Drone footage shared by the city’s disaster management office shows the extent of the blaze.…
BTS star Jin is the final member of the group to enter the Billboard Top…
BTS star Jin is the final member of the group to enter the Billboard Top…
Stay updated with the hottest headlines and breaking news from Bollywood, Hollywood, South Cinema, and…
Stay updated with the hottest headlines and breaking news from Bollywood, Hollywood, South Cinema, and…
The implications of Saudi Arabia’s transformation under Crown Prince Mohammed bin Salman will reverberate far…
متابعة-واعلقي 17 شخصا حتفهم في شرق البرازيل عندما انحرفت حافلة على طريق جبلي وسقطت في…
Israel struck south Beirut on Sunday as Lebanese state media reported intense fighting in the…
• Ministers assail PTI for trying to derail another dignitary’s visit as Belarusian president due…
Sen. Joe Manchin joins "The Takeout" to discuss his political career and the state of…
ISLAMABAD: The government’s efforts to curb the spread of poliovirus appear to be failing as…
Parliament will be forced to debate the matter after a petition called for a re-do…
ISLAMABAD: The government has decided in principle to phase the ongoing Public Sector Development Programme…
In 57 Tagen wird Joe Biden das Weiße Haus verlassen müssen. Vollständige Geschichte
GUJRAT: At least three more cases have been lodged against Bushra Bibi, the wife of…
Keisei’s stock jumped over 18%, its sharpest intraday rise since October 2008, with Keikyu climbing…
Tributes have been paid to a top business executive who died in a tragic farm…
A Melbourne father is recovering in hospital after he was allegedly stabbed three times while…
A US TikToker with nearly 300,000 followers was arrested after police say she shoplifted US$500…
WEST BANK: Palestinian Health Ministry says IDF kills two in the West Bank, including 13-year-old…