Qatar, Qantas and 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.
Qantas shares plunge following Qatar’s plans to buy stakes in Virgin Australia
Qantas has been one of the worst performers on the stock market this week. This comes after Qatar Airways announced it intends to buy a 25 per cent stake in Virgin Australia. Sky News Business Reporter Edward Boyd said investors are “fearful” Qantas will lose its market share due to “increased competition”.
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 deal can help Virgin escape Qantas’ flying wedge
Allowing an international state-owned carrier buy a stake in Australia’s second-biggest airline will go a long way to creating a better competitive balance in the domestic aviation market.
Qatar Airways is set to acquire 25% of Virgin Australia. Who will be the winners?
Qatar Airways has announced plans to buy a 25% minority stake in Virgin Australia from its owner, US private equity firm Bain Capital.
Qatar Airways Proposes 25% Stake in Virgin Australia, Aims to Challenge Qantas Dominance
Qatar Airways plans to acquire 25% of Virgin Australia, potentially to reshape the Qantas-dominated Australian aviation market.
Qatar Airways to take 25% stake in Virgin Australia; move could challenge Qantas’ dominance
Virgin Australia says deal would increase competition with Qantas but consumer watchdog will need to scrutinise it. Read more at straitstimes.com.
Analyst discusses Qatar Airways plan to buy 25% stake in Virgin Australia
Alex Macheras, aviation consultant, says the deal will benefit Australian consumers.
Virgin Australia hopes to expand international flight offerings, 'compete better domestically' after Qatar Airways agrees to buy 25pc stake
Qatar Airways will buy a 25 per cent stake in Virgin Australia after an agreement was reached between the Australian airline's owner, Bain Capital, and the Gulf carrier.
Qantas faces ‘competitive threat’ from Virgin Australia after Qatar’s plans to buy stake
The Australian's Associate Editor Eric Johnston says Qantas faces a “competitive threat” following Qatar’s plans to buy a 25 per cent stake in Virgin Australia.
Qatar Airways to Buy 25% of Virgin Australia Stake
The Qatar Airways Group (QR) announced today that it intends to acquire 25% of Virgin Australia's (VA) stake, the country's second-largest airline. The agreement would
This is where the next battle between Virgin and Qantas will be fought
Virgin’s deal with Qatar will make it a stronger competitor to Qantas. But the two airlines are set to duke it out over one ...
Qantas’ nightmare as airline sides with Virgin
Qatar Airways’ move to take a 25 per cent stake in Virgin Australia will force Qantas to “defend” its market share, an Aussie ...
Video Podcast: Virgin and Qantas and Rex – oh my!
Rex couldn’t escape the headlines either – on the ABC’s Four Corners, chairman John Sharp revealed it had tried to sell its beleaguered domestic jet arm to Virgin before it collapsed; meanwhile, no ...
Koala Airlines tight-lipped on how it will take on the Qantas, Virgin duopoly
Australia's airline graveyard is littered with failed carriers – with two more joining the ranks of the fallen this year.
Why Qantas, Webjet, WiseTech, and Zip shares are falling today
These shares are having a tough time on hump day. What's going on? The post Why Qantas, Webjet, WiseTech, and Zip shares are ...
Qantas approved to take over Virgin’s Tokyo capacity
The airline plans to operate a third daily A330-300 service from 30 March next year, which will allow it to switch its daily ...