Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    IShowSpeed Daniel La Belle race
    Videos

    IShowSpeed Beats Daniel La Belle in 40-Meter Race, Hits 41M Subscribers

    June 24, 2025 2 Min Read
    Cardi B new single Outside
    Videos

    Cardi B’s ‘Outside’ Single Sparks Buzz Over Offset and Stefon Diggs

    June 20, 2025 2 Min Read
    Squid Game Season 3
    Videos

    Squid Game Season 3: Final Trailer Unveils Epic Plot

    June 14, 2025 2 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: Virgin pays $1 for Tigerair
PhotoNews Pakistan PhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
PhotoNews Pakistan > Business > Virgin pays $1 for Tigerair
Business

Virgin pays $1 for Tigerair

Web Desk
By Web Desk Published October 20, 2014 1 Min Read
Share
SHARE

Virgin on Friday took full control of  Tigerair airline Australia, buying the remaining 40 percent it did not already own for Aus$1 (88 US cents) from its Singapore-listed parent.

The deal was revealed as it was announced that Singapore Airlines (SIA) would take majority control of Tiger Airways — of which Tigerair Australia was a subsidiary — as part of a turnaround plan for the loss-making budget firm.

Virgin Australia purchased a 60 percent stake in Tigerair in mid-2013 for Aus$35 million and said agreement had been reached to buy the rest of the carrier, which has struggled to reach profitability, for the tiny sum.

Tiger will continue to license its brand to Virgin.

Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

HBL Saving Made Easy
HBL Saving Made Easy

Recent Posts

Iran Arak nuclear damage

Iran Restores Air Defenses After Israel Conflict

Bangladesh vs Pakistan 1st T20I 2025

Bangladesh Defeats Pakistan by 7 Wickets in 1st T20I

KP Senate seats deal 2025

KP Senate Seats Deal Intact: CM Gandapur Confirms Amid PTI Internal Dissent

Post Archives

More Popular from Photonews

Donald Trump chronic venous
World

Donald Trump Diagnosed with Chronic Venous Insufficiency

2 Min Read
Justin Bieber Demons
EntertainmentUncategorized

Justin Bieber Battles Demons Despite Regaining Confidence

4 Min Read
Linkin Park One More Light live ban
Entertainment

Linkin Park Won’t Perform One More Light Live

3 Min Read
Punjab

PTI Internal Dispute: Salman Akram Raja Criticizes Aliya Hamza Over Lahore Event Tweet

The Pakistan Tehreek-e-Insaf (PTI) is currently experiencing internal tensions following its Secretary General, Salman Akram Raja's,…

July 16, 2025
Entertainment

Pirates of the Caribbean 6 : Johnny Depp, Orlando Bloom, and Keira Knightley May Return

Disney's "Pirates of the Caribbean" franchise may experience a significant cast reunion in its sixth instalment.…

July 14, 2025
Top NewsWorld

Trump Indonesia Tariff Deal: US Sets 19% Rate as EU Prepares Retaliation

President Donald Trump announced a new trade deal with Indonesia on July 16, 2025, imposing a…

July 16, 2025
Pakistan

Jyoti Maurya Alimony Case: Alok Maurya Appeals to High Court for Maintenance

Pakistan's former Sub-Divisional Magistrate (SDM) Jyoti Maurya faces renewed scrutiny as her estranged husband, Alok Maurya,…

July 18, 2025
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Categories

  • World
  • Pakistan
  • Punjab
  • Sindh
  • Khyber Pakhtunkhwa
  • Balochistan
  • Azad Jammu Kashmir

 

  • Top News
  • Business
  • Entertainment
  • Sports
  • Videos
  • Tech
  • Offbeat
  • Blog

© 2024 Phototnews
All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?