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.
SYDNEY, Australia — 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 Australia n carrier, in which it will take a 25-percent stake. The pact would double flights between Doha and major Australia n airports, the Australia n Competition and Consumer Commission said.
The two airlines, along with Virgin owner Bain Capital, announced the long-rumored alliance proposal in October last year. The new flights are expected to stoke competition on expensive long-haul routes long dominated by Qantas. Qantas Sydney along with its low-cost brand Jetstar Sydney has a more than 60-percent share of the Australian market and boasts strong political clout.
Clears Qatar Airways-Virgin Australia Alliance
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