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SIA's VA stake inches up amid talk it may scoop up Air NZ's interest

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Singapore Airlines (SIA) has increased its stake in Virgin Australia (VA) slightly from 22.91 per cent to 23.11 per cent after it paid A$3.18 million (S$3.24 million) to settle a series of return equity swaps.

Singapore

SINGAPORE Airlines (SIA) has increased its stake in Virgin Australia (VA) slightly from 22.91 per cent to 23.11 per cent after it paid A$3.18 million (S$3.24 million) to settle a series of return equity swaps.

This comes as VA's biggest shareholder, Air New Zealand, is

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