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Singapore Airlines lifts stake in Virgin Australia

Speculation increases it is shaping up to buy Air New Zealand's stake.

Calida Smylie
Thu, 07 Apr 2016

Singapore Airlines has lifted its stake in Virgin Australia, increasing speculation it is shaping up to buy Air New Zealand’s [NZX: AIR] stake.

The Singapore-based airline announced to the Singapore Stock Exchange yesterday evening that it now owned 23.11% of Virgin, up from 22.91%

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Calida Smylie
Thu, 07 Apr 2016
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Singapore Airlines lifts stake in Virgin Australia
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