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Virgin Australia buys 60% of Tiger Airways

PostPosted: 29 Oct 2012, 23:18
by Sealink
Um, the thread title was all I got.

http://www.ausbt.com.au/virgin-australi ... as-jetstar

Re: Virgin Australia buys 60% of Tiger Airways

PostPosted: 30 Oct 2012, 08:41
by Sealink
Oh, and SQ have just bought 10% of Virgin Australia!

Re: Virgin Australia buys 60% of Tiger Airways

PostPosted: 30 Oct 2012, 10:49
by joeyc
Sealink wrote:Oh, and SQ have just bought 10% of Virgin Australia!


Noticed that, also noticed that SQ owns a share in Tiger too.. Interesting developments over that side of the world.... now if only something as interesting would happen over in Europe 8D

Re: Virgin Australia buys 60% of Tiger Airways

PostPosted: 30 Oct 2012, 13:34
by Moley
According to the BBC, Virgin has agreed to buy 60% of Tiger Airways for A$25m.

http://www.bbc.co.uk/news/business-20133348

So with Virgin increasing its presence in Asia & Oz it doesnt sound like an airline that is thinking about joining an alliance other that its own.

I wonder whether they will just buy a european airline and have done with it!

Re: Virgin Australia buys 60% of Tiger Airways

PostPosted: 30 Oct 2012, 19:52
by simonallardice
Didn't they just buy SkyWest in Oz too?!

Re: Virgin Australia buys 60% of Tiger Airways

PostPosted: 30 Oct 2012, 22:15
by Moley
Yes they did