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

The deal will open new routes for travellers and is expected to provide a long-term pathway for Virgin Australia to operate its own long-haul flights.

Australian travellers could face cheaper airfares after Qatar Airways' 25 per cent stake in Virgin Australia was approved by the federal government.

Qatar Airways has finally received regulatory approval to take a 25% minority stake in Virgin Australia paving the way for international collaboration.

Australian travellers are set to benefit after a deeper strategic partnership between Virgin Australia and Qatar Airways Group

The Australian government on Thursday approved Qatar Airways' move to buy a 25% stake in Virgin Australia from U.S. private equity firm Bain Capital saying the deal would deliver more international flights and support jobs.

Qatar Airways’ investment will provide VA with access to the expertise and scale of a global airline, enhancing its ability to compete in domestic and international markets. Existing shareholders—Bain Capital, Virgin Group, and Queensland Investment Corporation—will retain their stakes in the airline.

Move will inject foreign competition into Australia's Qantas-dominated aviation sector. Read more at straitstimes.com.

Australia's competition watchdog on Tuesday backed a planned alliance between Virgin Australia and Qatar Airways, saying it would provide air travellers with improved services and products.