Qatar Airways secures FIRB approval for a 25% stake in Virgin Australia, paving the way for long-haul expansion pending final air rights clearance.

Qatar Airways Secures Approval for 25% Stake in Virgin Australia, Awaiting Final Clearance for Air Rights

Qatar Airways Group has received the green light from Australia’s Foreign Investment Review Board (FIRB) to acquire a 25% stake in Brisbane-based Virgin Australia, marking a significant step in expanding its presence in the Australian aviation market.

This approval follows a Draft Determination issued by the Australian Competition and Consumer Commission (ACCC) on 18 February 2025, signaling its endorsement of the strategic equity acquisition.

Virgin Australia now awaits a critical decision from the International Air Services Commission (IASC) regarding an uncontested allocation of air rights between Australia and Qatar, a move that would facilitate the airline’s long-awaited return to international long-haul operations.

Virgin Australia’s Comeback to Long-Haul Routes

If the IASC grants its approval, Virgin Australia will resume long-haul international services for the first time since the pandemic, with flights scheduled to begin in June 2025. The carrier plans to launch routes from Sydney, Brisbane, and Perth to Doha, followed by Melbourne to Doha in December 2025.

These flights will be operated under a wet-lease agreement with oneworld member Qatar Airways, allowing Virgin Australia to leverage Qatar Airways’ fleet and expertise as part of its expansion strategy.

This partnership is expected to enhance connectivity between Australia and the Middle East, offering passengers increased travel options and strengthening competition in the region’s aviation sector.

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