Virgin Australia says proposed sale will boost consumer choice, but competition watchdog will first need to scrutinise deal
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Qatar Airways plans to buy a 25% stake in Virgin Australia from its private equity owner, in a deal designed to shake up the local aviation market by creating a stronger competitor to Qantas.
The proposed sale will allow Virgin to start offering long-haul flights for the first time since 2020 and compete more vigorously in the lucrative domestic market. It also bolsters the airline’s loyalty program against Qantas’s rival points offering.
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