Qatar Airways is the state-owned flag carrier of Qatar. Virgin Australia is the second-largest airline in Australia. The Australian government's approval of this deal signifies a potential shift in the country's aviation landscape, challenging the dominance of Qantas. - The Australian government has approved Qatar Airways' acquisition of a 25% stake in Virgin Australia. - The deal is expected to introduce more international flights and create job opportunities in Australia. - Bain Capital, the current owner of Virgin Australia, required government approval before an election. - The investment is anticipated to foster a deeper strategic partnership between Qatar Airways and Virgin Australia. - Virgin Australia may restart long-haul operations as a result of this investment.