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Tuesday, 17 March 2015

Singapore Air in talks over stake in Korea budget carrier Jeju Air

Singapore Airlines Ltd is in talks to buy a stake in South Korea's largest low-cost carrier Jeju Air Co Ltd, a deal that would be the flag carrier's first foray into North Asia where rising demand from Chinese passengers is fuelling growth.

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4 comments:

Anonymous said...

Stubborn SQ never learn from its lesson with Virgin and Air NZ. Still want to be involved in other airlines. Vistara will be another big flop.

Anonymous said...

Another airline mgt head is probabaly on his way towards becoming another billionaire like Richard Branson who collected 600 million pounds from SIA top brass who paid for a 49 per cent stake in Virgin Atlantic.

Anonymous said...

Buy Virgin Atlantic for $1.65Billion...
Sell @ $360Million... still can book profit of $322Million from the sale...

Why not? Very creative accounting...

Anonymous said...

How come Estate Duty was abolished all of a sudden? The old Dragon lady was waiting for time.......and when it came, the wealthy governmental family did not have to pay a single cent. Another creative Act of Parliament