The publish ATIA lauds Qatar Airways’ investment into Virgin Australia appeared first on TD (Travel Daily Media) Travel Daily Media.
The Australian Travel Industry Association (ATIA) prolonged appreciative feedback relating to Qatar Airways’ impending investment into Virgin Australia.
Association officers remarked that, if accepted, Qatar Airways’s investment in Virgin Australia will translate into a extra aggressive Australian aviation sector, in addition to improved connectivity for Australian passengers.
Qatar Airways’ proposed acquisition of a 25 % minority stake from Bain Capital is topic to approval by the Foreign Investment Review Board (FIRB) and the Australian Competition and Consumer Commission (ACCC).
If accepted, it’s anticipated to allow the launch of flights from Brisbane, Melbourne, Perth, and Sydney to Doha, which means extra connectivity on itineraries to Europe and different key locations from 2025.
A boon for Australian passengers
According to ATIA’s performing chief govt Ingrid Fraser this investment will result in the creation of over 100 new connecting itineraries to Europe, the Middle East, and Africa. This will finally imply extra journey choices and extra competitors within the air, all of which can show a boon for travellers.
Fraser stated: “We expect the planes to take to the sky from mid-2025. While the Government must carry out the necessary checks, we urge them to do so expediently to ensure that any benefits of increased competition and connectivity are realised as soon as possible.”
She added that such investments are a robust signal of confidence within the restoration and future progress of the Australian journey sector. Fraser likewise expressed optimism that this may present Virgin Australia with a runway in direction of long-term sustainable possession and an anticipated return to public itemizing.
The publish ATIA lauds Qatar Airways’ investment into Virgin Australia appeared first on Travel Daily Media.
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