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Your email address will not be published.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

Interstellar Comet 3I/Atlas

Astronomers Discover Interstellar Comet 3I/Atlas in Solar System

Lana Del Rey Wembley

Lana Del Rey to Perform at Wembley Stadium with Addison Rae

PTI Members Acquitted

Islamabad High Court Acquits Four PTI Members in May 9 Riots Case

Post Archives

More Popular from Photonews

Cardi B Most Solo Top 10 Hot 100
Entertainment

Cardi B Sets Record as Female Rapper with Most Solo Top 10 Hot 100 Debuts

2 Min Read
Trump Iran sanctions 2025
Top NewsWorld

Trump Halts Iran Sanctions Relief After Khamenei’s Remarks, Warns of More Strikes

2 Min Read
Pakistan Hockey Asia Cup 2025
Sports

Pakistan Hockey Team Cleared for Asia Cup in India Amid Tensions

2 Min Read
Business

Pakistan Stock Exchange Hits Record 130,687 on July 03, 2025

On July 3, 2025, the Pakistan Stock Exchange (PSX) continued its bullish run, with the KSE-100…

July 3, 2025
BusinessTop News

Trump Announces US-Vietnam Trade Deal with 20% Tariff

On July 2, 2025, President Donald Trump announced a trade deal with Vietnam, imposing a 20%…

July 3, 2025
Pakistan

Henley Passport Index 2025: Singapore Tops Global Rankings, Pakistan at 100th

The Henley Passport Index 2025, released on June 29, 2025, ranks global passports based on visa-free…

June 29, 2025
Entertainment

Sean ‘Diddy’ Combs Denied Bail After Mixed Verdict

U.S. District Judge Arun Subramanian denied bail for Sean “Diddy” Combs, ordering him to remain in…

July 3, 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?