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Aircraft and finance. Acquisition of Tiger Airways by Virgin Australia receives approval from antitrust watchdog

Canberra, Australia - According to the authority the operations is unlikely to lead to a substantial lessening of competition

The Australian Competition and Consumer Commission (ACCC) has announced that it will not oppose the proposed acquisition by Virgin Australia Holdings of 60% of Tiger Airways Australia, and has de facto provided its approval to the sale of the stake of the Singapore-based carrier. The ACCC’s view is that this acquisition is unlikely to lead to a substantial lessening of competition in the Australian m...

AVIONEWS - World Aeronautical Press Agency - 1151634
Rome, Italy, 04/23/2013 12:28
AVIONEWS - World Aeronautical Press Agency

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