Tiger Airways shareholders approve Virgin acquisition

first_imgVirgin Australia has received approval from Tiger Airways shareholders to purchase up to 60 percent in the no-frills airline. Announced less than a day after the carrier received regulatory approval on its 100 percent acquisition of Skywest Airlines, shareholder approval brings Virgin one-step closer to completing its pending acquisitions.Still subject to conditions and regulatory approvals, Virgin would own more than half of Tiger Airways, which would keep its name and branding. Source = e-Travel Blackboard: N.J Virgin creeps closer to completing acquisitions.last_img

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