The rumours are rife that Air NZ will soon sell down its 25.

2 replies

BizTraveller

Air New Zealand - NZ*E

Member since 17 May 2015

Total posts 41

The rumours are rife that Air NZ will soon sell down its 25.9% stake in Virgin Australia - one school of thought is the existing major shareholders (Singapore or Etihad) will take this up - another is that one of the major Chinese carriers will use this as a way to gain direct entry to the Australian domestic market - any thoughts or opinions on this?

TheRealBabushka

Member since 21 Apr 2012

Total posts 2,059

http://www.ausbt.com.au/qa/air-new-zealand-is-reviewing-its-shareholding-in-virgin-aust

First I've heard of interest by the Chinese. Might end up like another Anbang debacle. But I'm glad that threat is over. It would be a shame to have lost Starwood.  

BizTraveller

Air New Zealand - NZ*E

Member since 17 May 2015

Total posts 41

Thanks TheRealBabushka - I missed this thread... The Chinese buyer angle is being reported by a number of media outlets including Bloomberg, AFR and The Herald Sun. 

Hi Guest, join in the discussion on The rumours are rife that Air NZ will soon sell down its 25.

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