Chance to weaken Qantas makes Virgin an attractive target
Wed, Dec 04, 2013 - 6:00 AM
Rivals: Originally established as a low-cost carrier, Virgin has added full-price tickets and business class seats to compete directly with Qantas. - PHOTO: AFP
[SYDNEY] What makes Virgin Australia Holdings Ltd, the second-largest competitor in a market with only 23 million passengers, such an attractive takeover target? The chance to weaken Qantas Airways Ltd on international routes.
Singapore Airlines, Air New Zealand and Etihad Airways have...