Qatar Airways to Buy 25% Stake in Virgin Australia From Bain (1)

Qatar Airways plans to take a 25% stake in Australia’s Virgin Australia Airlines Pty, deepening ties between the two carriers, including Virgin starting flights to Doha to feed into the Gulf carrier’s international network.

Qatar plans to acquire the stake from Virgin Australia’s owner Bain Capital, the companies said Monday in a joint statement. Terms of the deal, which is subject to regulatory approval, weren’t disclosed.

The move aims to give Qatar Airways better access to a market where it was denied more flights by the government last year — a move the airline criticized as unfair. Australia’s ...