QANTAS - WHERE TO NOW?

[TIMA9X]

Virgin Australia buys majority stake in Tiger Australia

meanwhile, things keep bumbling along with the management problems at Q...... JB just keeps applying the pressure up a notch ....

Virgin Australia buys majority stake in Tiger Australia


Virgin Australia buys majority stake in Tiger Australia | Plane Talking

• Virgin Australia will pitch Tiger Australia against Qantas low cost subsidiary Jetstar after acquiring 60% of the venture for $35 million.

There will be a more detailed report shortly

Where to now...?

update,

Virgin Australia’s big sky buys continue.
It has announced its intention to buy WA based Skywest, which operates ATR turbo-prop flights for Virgin Australia.
Virgin Australia has also sold 10% of Virgin Australia Holdings, the company that also owns its international division, to Singapore Airlines for $105 million.
This means Singapore Airlines, on its 10% equity, joins Air New Zealand with 19.9%, and Etihad, with 10%, and Richard Branson’s family company, the Virgin Group, with 26%, in the suddenly rapidly growing Virgin Australia enterprise.
There will be further reports later today.

yep, a big news day..