Singapore Airlines lifts stake in Virgin Australia
Speculation increases it is shaping up to buy Air New Zealand's stake.
Calida Smylie
Thu, 07 Apr 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Singapore Airlines has lifted its stake in Virgin Australia, increasing speculation it is shaping up to buy Air New Zealand’s [NZX: AIR] stake.
The Singapore-based airline announced to the Singapore Stock Exchange yesterday evening that it now owned 23.11% of Virgin, up from 22.91%
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Calida Smylie
Thu, 07 Apr 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.