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Qatar Airways to Buy 25% Stake in Virgin Australia
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.
After Qantas lobbied against its Australian landing plan, Qatar goes the revenge route with Virgin deal
After Qantas successfully lobbied against extra Qatar Airways flights, the Middle Eastern airline has exacted revenge on the Flying Kangaroo with a deal that will increase competition and possibly result in cheaper fares.
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, expanding the Gulf carrier’s global network of equity holdings.
Qatar Airways to buy 25% stake in Virgin Australia ahead of potential IPO
(Reuters) -Qatar Airways plans to buy a 25% stake in Australia's No. 2 airline Virgin Australia from U.S. private equity firm Bain Capital, the companies said in a joint statement on Tuesday. The purchase of the minority stake for an undisclosed amount will serve as a cornerstone investment ahead of an anticipated return of Virgin Australia into public ownership,
Qatar Airways Plans to Acquire 25% Stake in Virgin Australia
Australia’s second-largest airline, Virgin Australia, said Middle Eastern carrier Qatar Airways plans to acquire a 25% stake, a key investment as the Bain Capital-owned carrier eyes an IPO.
Qatar Airways agrees to buy 25% stake in Virgin Australia
The deal will see Qatar Airways buy a 25 per cent equity stake in Virgin Australia from private equity group Bain Capital, which bought the carrier originally set up by Sir Richard Branson out of administration during the pandemic.
Qatar Airways eyes Australian routes as it picks up minority stake in Virgin
Qatar Airways will buy a 25% stake in Australia's No. 2 airline Virgin Australia from U.S. private equity firm Bain Capital, the companies said on Tuesday, as the Gulf carrier looks for access into Australian routes that the government denied last year.
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.
Qatar airways intends to buy 25% stake in Virgin Australia
Qatar Airways will buy a 25 per cent stake in Virgin Australia after an agreement was reached between the two airlines. Under the proposed deal, Virgin Australia plans to launch flights from Brisbane,
1d
Virgin Voyages Is Bringing Back Its Month-long Cruise Pass for 2 — What to Know
Virgin Voyages is making it easier to spend a month at sea next summer by bringing back its seasonal pass. The company will ...
17m
Martin Lewis' MSE issues warning to Nationwide and Virgin Money customers over huge changes
The BBC Sounds and ITV star's team from MSE have issued the update to Nationwide customers at the biggest building society in ...
NerdWallet
6h
Virgin Atlantic to Switch to Dynamic Award Pricing
Virgin Atlantic, a transfer partner of many popular travel credit cards, is switching to dynamic prices for its flights. Here ...
VI Consortium
21h
Dockworkers’ Strike from Maine to Texas Threatens Supply Chain Stability in U.S. Virgin Islands and Wider Caribbean
Dockworkers from Maine to Texas initiated a strike early Tuesday following unsuccessful negotiations over wages and ...
Cruise Hive
1d
Virgin Voyages Ship Departs Portsmouth for the Final Time
Virgin Voyages’ Resilient Lady capped off the summer season in Portsmouth, U.K., where more than 25,000 passengers departed.
6d
Former Morgan Stanley CEO lists lavish Virgin Islands estate for $29.5M after $18M overhaul
At Oil Nut Bay, one prominent family’s retreat is looking for its next generation — all after a massive process of renovating ...
5d
Spend the summer at sea: Virgin brings back season cruise pass for 2025
If you’re already thinking about next year’s summer travel plans Virgin Voyages can help make it easy.
3d
Virgin Voyages adds a new type of sailing with a superstar attraction
Sailors — that's what Virgin Voyages calls its passengers — who stay in "RockStar" and "Mega RockStar" suites will get some ...
1d
Virgin Atlantic Overhauls Flying Club Frequent Flyer Program To Make Every Seat Bookable With Points
Frequent flyers will now be able to book any seat with points, earn more on premium tickets, and use upgrade or companion ...
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