#Virgin Australia
The flights would use Qatar Airways aircraft and crew in an arrangement known as “wet leasing”, and start as early as June
The approval allows Virgin Australia to market and sell 28 weekly scheduled return flights between Doha and Brisbane, Melbourne, Perth, and Sydney
The stake sale serves as a cornerstone investment ahead of an anticipated return of Virgin Australia into public ownership
The Abu Dhabi-based carrier has doubled its stake in the Australian carrier but no plans for a majority.
The Abu Dhabi-based carrier bought over $10 million worth of Virgin shares to raise its stake from 5.1 per cent last month.