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Market
What will be the impact of Qatar Airways' stake purchase on Virgin Australia's market share by December 31, 2025?
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Resolution / Starting Odds
Increase by over 5% • 25%
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No significant change • 25%
Decrease • 25%
Market share reports from aviation industry analysts, official financial reports
Story
Qatar Airways to Buy 25% Stake in Virgin Australia, Proposes Doha Flights
Sep 30, 2024, 09:24 PM
Qatar Airways has agreed to purchase a 25% stake in Virgin Australia from Bain Capital. This strategic move aims to expand Qatar Airways' global network of equity holdings and provide travelers with better value airfares and greater choice. The agreement, confirmed by Virgin Australia, comes ahead of the Australian airline's anticipated return to public ownership. Nationals Senator Matt Canavan has welcomed the deal, citing the need for stronger competition in the airline markets. Qatar Airways also proposes Doha flights as part of this initiative.
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