News
SIA increases equity in Virgin Australia, but what’s next?
April 15th 2016
Everyone is interested to see what is going to happen next about Air New Zealand’s (Air NZ’s) proposed sale of its 25.9% shareholding in Virgin Australia. Read More »
This week Singapore Airlines (SIA) increased its holding in Virgin Australia from 22.91% to 23.11% through equity swaps.
Analysts view SIA as the most likely candidate to buy Air NZ’s shareholding in the Australian airline. This, they say, would cement SIA’s position on the Kangaroo Route and limit the threat of Chinese carriers gaining a stronger foothold Down Under.
