Qatar Airways has been granted approval to acquire a 25% stake in Virgin Australia, with Federal Treasurer Jim Chalmers supporting the proposal based on advice from the Foreign Investment Review Board.
The airlines have stated that this partnership will increase flight availability for Australians, with around 28 new weekly flights planned between Doha, Melbourne, Sydney, Brisbane, and Perth.
Chalmers further emphasized that the deal will enhance competition in the aviation sector while also creating new jobs and boosting the country’s tourism industry.
