The Business Times
business-time-50

Tigerair Australia sale to Virgin Australia completed

google-preferred-sourceAdd BT as a preferred source
Published Fri, Feb 6, 2015 · 12:21 AM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    TIGERAIR has completed the sale of its 40 per cent stake in loss-making low-cost Tigerair Australia to Virgin Australia, it said in an announcement on Friday.

    The transaction to divest the stake for A$1 to Virgin Australia, which already owns the other 60 per cent stake, was announced in October last year, and had been anticipated to be completed by the end of last year.

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback

    TRENDING NOW

    Andrew Lee, chairman of OCBC (right), and group chief executive Tan Teck Long speaking at Thursday's (Apr 16) AGM.

    Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman

    Marco Beltgens, assistant vice-president of global franchising for the Asia-Pacific at Enterprise Mobility, with Charmain Kwee, group executive director of Eurokars Group.

    Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore

    The iconic rainbow blocks of Rochor Centre were demolished in 2018 to 2019 to make way for the North-South Corridor.

    20 photos that show how dramatically Singapore has changed in two decades

    Key exports to all but four of Singapore’s top 10 markets have risen in March.

    Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More