Virgin stake sale to Qatar won’t change focus on profits
Jenny WigginsInfrastructure reporter
A potential sale of part of Virgin Australia to the Middle East’s Qatar Airways is unlikely to rattle Qantas’ dominance of the aviation market because Virgin needs to stay focused on profits, analysts say.
As revealed by The Australian Financial Review, Qatar Airways is negotiating to buy up to a 20 per cent stake in Virgin Australia – assuming it can get approval from the Foreign Investment Review Board.
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