Qatar Airways, one of the largest airline groups in the world, is negotiating to take as much as a 20 per cent stake in Virgin Australia in a deal that, if successful, would dramatically shake up the country’s aviation industry.
Qatar Airways is owned by the Qatari government and has already partnered Virgin as both carriers face down Australia’s dominant airline, Qantas. Bain Capital, which owns Virgin, has been forced to delay a move to list the company on the ASX.
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Ayesha de Kretser is a senior reporter with The Australian Financial Review covering the aviation and tourism sectors. She has previously reported on banking, mining and commodity markets. Connect with Ayesha on Twitter. Email Ayesha at ayesha.dekretser@afr.com.au
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
Myriam Robin is Rear Window editor based in the Melbourne newsroom. A Rear Window columnist since 2017, she previously reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com
