Loading...
Market
Will Qatar Airways finalize the purchase of a 25% stake in Virgin Australia by December 31, 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from Qatar Airways or Virgin Australia, financial news 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.
View original story
Similar markets
Partnership with another airline • 25%
Partnership with a tech company • 25%
Merger with another airline • 25%
Other • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
