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Regulator Clears Qatar Airways-Virgin Australia Alliance

Regulator
International Business Times Fews App News Provider
Fews App Post Time 4d ago

A Virgin Australia plane touches down at Sydney International Airport on February 27. Australia will let Qatar Airways buy a 25 percent stake in troubled Virgin Australia AFP Australia's competition regulator gave the go-ahead Friday for Qatar Airways to launch an alliance with Virgin Australia. The decision clears Qatar Airways to cooperate for five years in an "integrated alliance" with the Australian carrier, in which it will take a 25-percent stake.

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