Qatar Airways In Talks To Acquire Stake In Virgin Australia: AFR
Date
6/26/2024 3:03:26 PM
(MENAFN- The Peninsula)
The Peninsula online
Doha: Qatar Airways is reportedly in discussions to buy up to a 20% stake in Virgin Australia, according to a report by the Australian financial Review (AFR) published today, June 26, 2024.
It reported that the announcement of its plans regarding buying a stake in the airlines is expected by early next week.
Details on the deal's specifics are currently limited, as representatives from both Qatar Airways and Virgin Australia's owner, Bain Capital, were unavailable for comment.
Qatar Airlines has already partnered with Virgin Airlines to improve connectivity and provide seamless journeys for its passengers
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