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Qatar Airways to buy 25% stake in Virgin Australia from Bain

Qatar Airways to buy 25% stake in Virgin Australia from Bain

Virgin logo. Photo: Reuters/Christian Hartmann

Qatar Airways will buy a 25% stake in Virgin Australia from US private equity firm Bain Capital, posing a tougher contest for Qantas Airways, which has dominated Australian routes and pushed back against giving access to the Middle Eastern carrier.

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