PPRuNe Forums - View Single Post - Tiger Airways Objects to Qantas-Jetstar Asia Tie-Up
Old 20th May 2006, 14:54
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Phil Squares
 
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Originally Posted by Ndicho Moja
Thank you, and perhaps I stand corrected. Do these figures reflect the last $36million share issue of which ,the last I heard, had been subscribed by 80%...probably by Qantas and Tamasek.
Having said that, I did start my posting by saying " If you believe the ...aviation press".

Those are all the latest figures that do supposedly include the latest share offering.

While Temasek owns the majority of SQ they are pretty much a "silent" investor. In reality, they don't really exercise much control. However, they do expect a very "healthy" return each year.

I honestly think the Singapore government through the Tiger will object to any tie in with Jetstar Asia and QF simply as a means of payback for the OZ-USA route denial.

I agree about the "aviation press" remarks.
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