Singapore Airlines (SIA) has disclosed that it plans to increase its stake in Virgin Australia to 19.9%, and that there is already an agreement in place to achieve this. The disclosure comes just days after the Australian Competition and Consumer Commission approved Virgin Australia’s acquisition of a 60% stake in Tiger Australia, a low-cost carrier that is a subsidiary of a Singapore-based holding company in which SIA is a significant shareholder. SIA already owns 9.9% of Virgin ...

THIS CONTENT REQUIRES SUBSCRIPTION ACCESS

You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "SIA Increases Stake In Virgin Australia".

 

Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.

 

Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.