Qatar Airways Ltd.’s acquisition of a 25% stake in Virgin Australia can proceed subject to enforceable conditions, Australian Treasurer Jim Chalmers said, adding the deal would improve competition in the country’s highly-concentrated aviation sector.

Treasurer Jim Chalmers has approved Qatar Airways taking a 25 per cent stake in Virgin Australia but has installed a couple of safeguards as well.

A Virgin Australia pilot alerted Australian authorities about a live-fire drill by Chinese naval ships last week in the Tasman Sea that forced 49 flights to change their paths, Australia's air traffic control agency head told a parliamentary committee.

Treasurer Jim Chalmers has given the green light for Qatar Airways to buy a 25% stake in Virgin Australia, as part of a strategic alliance. The deal will shake up the Australian aviation market. The announcement follows

The investment sets the stage for Virgin Australia to resume long-haul flying this summer for the first time since reorganizing during the pandemic. Bain Capital, which acquired Virgin Australia in 2020,

Qatar Airways has clinched regulatory approval for a 25% investment in Virgin Australia, paving the way for the Australian carrier to eventually restart long-haul operations.

Virgin Australia and Emirates aircraft heard the Chinese flotilla's radio notification about a live-firing test off the Australian coast last Friday.

DALLAS — Qatar Airways Group (QR) has received approval from Australia’s Foreign Investment Review Board (FIRB) for its 25% stake in Virgin Australia. This follows the Australian Competition and Consumer Commission’s (ACCC) draft ruling on February 18,

Qatar Airways may have taken a big stake in Virgin Australia, but that’s unlikely to spark price wars that gave us cheap flights.