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Qatar Airways seeking 25% stake in Virgin Australia

By Inquirer - 2 months ago
SYDNEY, Australia — Qatar Airways unveiled a bid to take a 25 percent stake in troubled airline Virgin Australia on Tuesday, a deal that could shake up Australia’s Qantas-dominated market. The airlines, along with Virgin owner Bain Capital, announced details of the proposed agreement, which had long been rumored, before markets opened in Sydney. Under

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