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Chrystal Zhang, Associate Professor, Aerospace Engineering & Aviation, RMIT University

Virgin Australia’s deal with Qatar has been given the green light. Travellers should be the winners

Virgin Virgin Australia Australia United States Jim Chalmers Qatar Qantas Qatar Airways ACCC Bain Capital

Petr Podrouzek/Shutterstock

Treasurer Jim Chalmers has given the green light for Qatar Airways to buy a 25% stake in Virgin Australia, as part of a strategic alliance. The deal will shake up the Australian aviation market.

The announcement follows a detailed assessment by the Foreign Investment Review Board, and a draft determination to authorise the deal by the Australian Competition and Consumer Commission (ACCC).

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