![Korean Air and Emirates planes are seen at Incheon International Airport on March 16. [YONHAP]](https://images.traveltrade.today/wp-content/uploads/2026/03/Passengers-Rush-to-Book-Flights-Before-April-Fuel-Surcharge-Hikes.jpg)
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Qatar Airways has formally received approval to take a 25% stake in Virgin Australia.
Australia’s Foreign Investment Review Board has approved the deal.
It comes a week after a draft decision by regulator the Australian Competition and Consumer Commission to authorise an airline alliance between the two carriers.
Virgin’s existing shareholders including Bain Capital and Virgin Group will retain stakes in the airline.
The tie-up will see an eventual return to…
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