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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."