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Air NZ to raise stake in Virgin Australia

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  • Air NZ to raise stake in Virgin Australia

    Air New Zealand plans to raise its stake in Virgin Australia Holdings to 25.9 per cent after getting the green light from Australian authorities.

    It received approval from the Australian Treasurer to lift its stake after gaining consent from the Foreign Investment Review Board (FIRB) and the Australian Competition and Consumer Commission (ACCC), the Auckland-based airline said.

    http://au.finance.yahoo.com/news/air...000830074.html
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  • #2
    Originally posted by fungus View Post
    Air New Zealand plans to raise its stake in Virgin Australia Holdings to 25.9 per cent after getting the green light from Australian authorities.

    It received approval from the Australian Treasurer to lift its stake after gaining consent from the Foreign Investment Review Board (FIRB) and the Australian Competition and Consumer Commission (ACCC), the Auckland-based airline said.

    http://au.finance.yahoo.com/news/air...000830074.html

    Hope Air new Zealand wont cause the collapse of Virgin Australia Holdings.

    Isn't this same Air New Zealand caused the collapse of Ansett Airline on 12 Sept 2011 ?
    F-WSSS1 - Cats refused to Pee & Pooh on RadarBox - Running a FR24 Receiver & DVB-T Dongle 24/7 to piss off The Chief Thief.

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