SUBSCRIBERS
SIA ends talks on equity investment in Jeju Air
Published Thu, Aug 13, 2015 · 09:50 PM
Singapore
SINGAPORE Airlines has ended talks to buy a stake in South Korea's Jeju Air, almost five months after it announced it was considering an investment in the budget carrier.
"Discussions have now ceased," SIA said in a statement to the stock exchange on Thursday. "The parties will not be proceeding with a transaction."
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
EV automakers get reprieve in US tax credit rules
Abu Dhabi hub carrier Etihad adds banks to US$1 billion IPO
Luminar to cut nearly 20% jobs as part of restructuring
Chinese share of French EV market slumps after incentives curbed
Ferrari unveils US$423,000 sports car with 1960s bloodline
Airbus called for compensation to take on money-losing Spirit operations: sources