QatarAirways in talks to acquire minority stake in Virgin Australia
The Peninsula
Doha: Qatar Airways is reportedly in advanced talks to acquire a minority stake in Virgin Australia, with Australian media expecting that the deal cou...
Doha: Qatar Airways is reportedly in advanced talks to acquire a minority stake in Virgin Australia, with Australian media expecting that the deal could be finalized soon.
According to the reports, the acquisition is awaiting approval from the Australian Foreign Investment Review Board, and the agreement is expected to be signed “within days.”
The discussions between Qatar Airways and Virgin Australia were first disclosed by The Australian Financial Review in June.
Virgin Australia has shown strong financial performance, reporting USD2.8 billion in revenue for the six months ending December 31, up from USD2.5 billion in the previous year. The airline also recorded a USD129 million profit for the 2023 financial year, as per its filings with the corporate regulator.
Seoul: Packed with missile tests, propaganda hailing the great leaders and tirades against the United States, North Korea s top newspaper was long con...
Doha: The Foreign Ministers of the State of Qatar, the Hashemite Kingdom of Jordan, the United Arab Emirates, the Republic of Indonesia, the Islamic R...
Doha: The Foreign Ministers of the State of Qatar, the Hashemite Kingdom of Jordan, the United Arab Emirates, the Republic of Indonesia, the Islamic R...
Jeddah: The Executive Committee of the Organization of Islamic Cooperation (OIC) has convened an extraordinary meeting at its headquarters in Jeddah t...
DOHA: Hadi De Carrere produced a strong late surge to claim the feature Umm Al Zubar Cup, the Purebred Arabian Open Allowance Race, at the 31st Al Ray...
DOHA: In a vibrant celebration of camaraderie, MES Indian School successfully hosted Admin Fun Day, a recreational staff programme, on December 27, 20...
DOHA: Bhavan s Public School has announced the soft opening of its prestigious new campus in Abu Hamour on Monday, January 5, 2026, following the succ...
DOHA: A Laboratory Specialist at the Medical Commission Department of the Ministry of Public Health (MoPH), Fatima Ahmed Al Sulaiti highlighted the ke...
DOHA: A Laboratory Specialist at the Medical Commission Department of the Ministry of Public Health (MoPH), Fatima Ahmed Al Sulaiti highlighted the ke...
DOHA: Qatar ports (Hamad, Ruwais and Doha) witnessed a robust surge in December last year as the cargoes and container volumes handled during the peri...
DOHA: Qatar ports (Hamad, Ruwais and Doha) witnessed a robust surge in December last year as the cargoes and container volumes handled during the peri...
New York: Somalia officially assumed the presidency of the UN Security Council on Thursday, leading the Council s work during this January. The Som...
Riyadh: Saudi Arabia s main stock index closed higher on Thursday, supported by gains across most sectors, according to official market data. The T...