News Formal

Qatar Airways days from buying Virgin Australia stake, in a huge Australian airline industry shakeup

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 90%

Business News News

Business Business Latest News,Business Business Headlines

The deal, expected to be finalised within days, comes nearly 1½ years after Bain Capital delayed a billion-dollar public listing of the Australian airline.

, almost 1½ years after its private equity owner Bain Capital delayed a billion-dollar float of the carrier and pivoted to courting strategic buyers.

Remember, Bonza and Regional Express have both collapsed in recent months, leaving few competitors for local giant Qantas. Knocking back Qatar saw

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

QAN ASX: Virgin cedes market share to Jetstar as it adds bigger planesQantas is adding seats and winning share from Virgin, as the domestic aviation market softens and Jetstar’s new planes drive down fares.
Source: FinancialReview - 🏆 2. / 90 Read more »