Qatar Airways approaches the landing strip on Virgin Australia stake
Qatar Airways is close to finalising a deal to acquire a minority stake in Virgin Australia, almost 1½ years after its private equity owner Bain Capital delayed a billion-dollar float of the carrier and pivoted to courting strategic buyers.
Street Talk understands Qatar is within days of signing the deal, although it would be conditional on receiving approval from the Foreign Investment Review Board. The talks were first revealed by The Australian Financial Review in June.
Loading…
A previous version of this article said Virgin Australia chief financial officer Race Strauss was leaving. Mr Strauss remains the airline’s CFO.
Related
Turkiye’s ambassador: Ties characterised by sustainable strategic depth
Turkish ambassador to Qatar Dr Mustafa Goksu Turkish amba
Amir to visit Turkiye tomorrow
Doha, Qatar: The Amir HH Sheikh Tamim bin Hamad Al Thani will travel to Ankara tomorrow, Thursday, on an official working visit to the Republic of Tur
Germany football captain regrets team’s ‘very political’ stance at Qatar…
“In general, we players should stand for certain values, especially me as the captain of the national team. But on the other hand, most of the time it is n
