Qatar Airways to purchase major stake in Virgin Australia | ABC News

Qatar Airways has secured a deal to purchase 25 per cent of Virgin Australia’s shares, pending approval from the Foreign Investment Review Board. Virgin Australia’s CEO Jayne Hrdlicka says if approved, the move will benefit Australians by injecting $3 billion into the tourism sector and opening 107 new flight routes. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2024-10-0... ABC News provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation. For more from ABC News, click here: https://ab.co/2kxYCZY Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1 Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2 Like ABC News on Facebook:   / abcnews.au   Follow ABC News on Instagram:   / abcnews_au   Follow ABC News on X (Twitter):   / abcnews   Note: In most cases, our captions are auto-generated. #ABCNews #ABCNewsAustralia