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Qantas faces ‘competitive threat’ from Virgin Australia
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 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”.
1d
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 ...
2d
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 ...
3h
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 ...
4d
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.
1d
on MSN
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 ...
2d
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 ...
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