je.st

Home › virgin

Tag: virgin

Singapore Airlines could buy Virgin Australia to block Chinese

2016-04-11 02:47:19| Airlines - Topix.net

Investment involved in Virgin's big push into the business market leaves its balance sheet in something of a weakened space. Singapore Airlines has the financial firepower to make a bid for the remainder of Virgin Australia, but it may not do so unless a Chinese rival makes an offer for Air New Zealand's 25.9 per cent stake, according to aviation experts.

Tags: buy australia chinese block

Hutchison agrees network deals with Sky, Virgin - report

2016-04-07 10:53:00| Telecompaper Headlines

(Telecompaper) Hutchison is understood to have agreed capacity deals with Sky and Virgin Media worth GBP 3 billion for space on the extended mobile network of Three/O2, reports The Telegraph. Hutchison made its final offer of concessions to EU regulators on 06 April as it looks to win approval for the takeover of O2. Sources indicate that Sky has agreed to take a 20 percent share for more than 10 years if the takeover is approved, at a cost of more than GBP 2 billion. Virgin agreed it could take 10 percent of capacity on the merged network. The Virgin Mobile service is currently hosted on the EE network, and Virgin could still choose to stay with EE if new owner BT offers better terms. EU regulators have until 15 May to decide whether to approve the deal.

Tags: report network deals sky

Singapore Airlines boosts stake in Virgin Australia

2016-04-07 06:49:37| Airlines - Topix.net

The move comes as The Australian Financial Review's Street Talk column on Thursday reported Singapore Airlines was viewed as the most likely buyer of Air New Zealand's 25.9 per cent stake in Virgin. In an announcement to the Singapore Stock Exchange on Wednesday evening, the Singaporean carrier said it now owned 23.11 per cent of Virgin, up from 22.91 per cent previously.

Tags: australia singapore virgin airlines