The proposed strategic investment partnership between Virgin Australia and Qatar Airways Group has been given the green light by the Australian Government.

Qatar Airways Group’s minority 25 per cent investment in Virgin Australia has now received Foreign Investment Review Board (FIRB) approval following the Federal Treasurer’s approval.

This follows the Australian Competition and Consumer Commission’s (ACCC) Draft Determination on 18 February indicating its intention to authorise the airlines’ integrated alliance, with final approval expected in March or April 2025.

Together, Virgin Australia says, they help open the door to the airline’s return to long-haul international flying.

Virgin Australia now awaits a decision from the International Air Services Commission (IASC) on what is an uncontested allocation of air rights for services between Australia and Qatar, due to commence in June.

Subject to IASC approval, Virgin Australia will return to long-haul flying in June 2025, with flights from Sydney, Brisbane, and Perth to Doha, while flights from Melbourne to Doha are scheduled to commence in December 2025.

These flights will be operated utilising aircraft wet-leased from Qatar Airways featuring the Doha-based carrier’s cockpit and cabin crew.

“Today we welcome a new era for Virgin Australia,” said Virgin Australia Group CEO Jayne Hrdlicka. “Qatar Airways’ investment is a huge vote of confidence in our business and Australian aviation more broadly.

“It sets us up for long-term success and adds fuel to our bold transformation agenda,” she said.

Qatar Airways Group Chief Executive Officer, Engr. Badr Mohammed Al-Meer, added: “This latest development is a significant step towards solidifying the strong and enduring relationship that continues to evolve between Qatar Airways Group and Virgin Australia.

“It is also a huge boost to our shared ambition to create even greater choice and value for all Australian passengers, with healthy competition and world-class service at the very core of our collective offering.”

Following consultation with unions and relevant cabin crew and pilot communities, there has been an overwhelming response to the expressions of interest for secondment opportunities for Virgin Australia pilot and cabin crew with Qatar Airways.

Hrdlicka said this will also provide promotional opportunities for other team members and new hires through the backfilling of seconded staff.