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Turkish Airlines reported to have shown interest in HNA's stake for VA, plus VA's financial performance outlined for profit downturn at SQ group

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DanV

Qantas - Qantas Frequent Flyer

Member since 04 Nov 2017

Total posts 49

TK was reported to be amongst the interested parties for debt ridden HNA's stake in VA (Source: Bloomberg)

https://www.bloomberg.com/news/articles/2019-07-31/turkish-airlines-said-to-show-interest-in-hna-s-virgin-australia

SQ group points out VA's financial performance as one of the reasons for another profit downturn at SQ group. This is not the first time SQ has mentioned VA as a reason for a profit downturn in previous financial reports (Source: Official SQ website - Investor Relations)

https://www.singaporeair.com/saar5/pdf/Investor-Relations/Financial-Results/News-Release/nr-q1fy1920.pdf

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