Transportation

Qatar Airways to Buy 25% Stake in Virgin Australia From Bain

Virgin to start flights to Doha to feed into Qatar’s network
Deal adds to Qatar stakes in Cathay, British Airways, IAG

The move aims to give Qatar Airways better access to a market where it was denied more connections by the government last year — a move the airline has criticized as unfair. — The move aims to give Qatar Airways better access to a market where it was denied more connections by the government last year — a move the airline has criticized as unfair.
Photographer: Brendon Thorne/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Siddharth Philip and Peter Vercoe

September 30, 2024 at 8:41 PM UTC

Updated on

October 1, 2024 at 12:04 AM UTC

This article is for subscribers only.

Qatar Airways plans to take a 25% stake in Australia’s Virgin Australia Airlines Pty, deepening ties between the two carriers, including Virgin starting flights to Doha to feed into the Gulf carrier’s international network.

Qatar plans to acquire the stake from Virgin Australia’s owner Bain Capital, the companies said Monday in a joint statement. Terms of the deal, which is subject to regulatory approval, weren’t disclosed.