Australia’s Treasurer has sanctioned Qatar Airways’ bid for a 25% share in Virgin Australia, reflecting ongoing international investments in the Australian aviation market.
Australia’s Treasurer Jim Chalmers has approved Qatar Airways’ proposal to acquire a 25% stake in Virgin Australia. This news was reported by the Australian Financial Review on Thursday. The decision opens the door for greater collaboration between the two companies amid a competitive airline market in Australia, signaling confidence from a major international player in the local aviation sector.
The approval of Qatar Airways’ investment in Virgin Australia marks a significant development in Australia’s aviation landscape, showcasing international interest and potential growth opportunities in the sector.
Original Source: www.marketscreener.com
