DALLAS — Qatar Airways Group (QR) has received approval from Australia’s Foreign Investment Review Board (FIRB) for its 25% stake in Virgin Australia. This follows the Australian Competition and Consumer Commission’s (ACCC) draft ruling on February 18,
A Virgin Australia pilot alerted Australian authorities about a live-fire drill by Chinese naval ships last week in the Tasman Sea that forced 49 flights to change their paths, Australia's air traffic control agency head told a parliamentary committee.
Qatar Airways Ltd.’s acquisition of a 25% stake in Virgin Australia can proceed subject to enforceable conditions, Australian Treasurer Jim Chalmers said, adding the deal would improve competition in the country’s highly-concentrated aviation sector.
Treasurer Jim Chalmers has given the green light for Qatar Airways to buy a 25% stake in Virgin Australia, as part of a strategic alliance. The deal will shake up the Australian aviation market. The announcement follows
Qatar Airways has clinched regulatory approval for a 25% investment in Virgin Australia, paving the way for the Australian carrier to eventually restart long-haul operations.
Virgin Australia and Emirates aircraft heard the Chinese flotilla's radio notification about a live-firing test off the Australian coast last Friday.
The new appointment will replace Jayne Hrdlicka, who announced she was stepping down a year ago, and ticks another box for Virgin to list on the Australian sharemarket.
Virgin Australia has revealed its new chief executive a year after Jayne Hrdlick announced she was leaving. The announcement that Dave Emerson will take over came as Ms Hrdlicka revealed the airline recorded half year underlying earnings of $439m off $3bn in revenue.
The deal will open new routes for travellers and is expected to provide a long-term pathway for Virgin Australia to operate its own long-haul flights.
Australia learned about Chinese live-fire naval drills off the country’s coast that forced dozens of flights to be diverted via an alert from a commercial pilot, authorities said on Monday.
Virgin Australia has promoted chief commercial officer Dave Emerson to the role of chief executive officer, succeeding Jayne Hrdlicka.