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Several buyers eyeing Virgin Australia stake: Branson

It's not yet clear if Virgin Group itself will raise its stake in Australia's second-largest airline

Published Thu, May 26, 2016 · 09:50 PM
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Sydney

AIR New Zealand Ltd's stake in Virgin Australia Holdings Ltd has attracted several potential buyers and talks are underway about a possible deal, said Richard Branson, the billionaire founder of Virgin Group Ltd.

It's not yet clear whether Virgin Group itself, which owns about 10 per cent of Virgin Australia, will increase its stake in Australia's second-largest airline, Mr Branson said on Thursday.

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