Post by corsair67 on Oct 12, 2007 17:15:54 GMT 12
Last I'd heard was that Toll wasn't letting go of its share, and Sir Dickie wanted to increase his share.
Air NZ denies Virgin Blue buy rumour
October 12, 2007.
AIR New Zealand has dismissed speculation it is interested in buying a stake in Australian airline Virgin Blue.
"Air New Zealand has become aware of rumours to the effect that it is interested in acquiring a shareholding in Virgin Blue Ltd. Air New Zealand advises that there is no substance to these rumours," the airline said in a statement.
Virgin Blue, 62 per cent owned by Toll Holdings and quarter owned by Sir Richard Branson's Virgin group, has announced plans for its Pacific Blue unit to set up in New Zealand next month to compete with Air NZ on domestic routes.
An Air NZ spokeswoman said the rumours were in the market rather in the media.
Air NZ denies Virgin Blue buy rumour
October 12, 2007.
AIR New Zealand has dismissed speculation it is interested in buying a stake in Australian airline Virgin Blue.
"Air New Zealand has become aware of rumours to the effect that it is interested in acquiring a shareholding in Virgin Blue Ltd. Air New Zealand advises that there is no substance to these rumours," the airline said in a statement.
Virgin Blue, 62 per cent owned by Toll Holdings and quarter owned by Sir Richard Branson's Virgin group, has announced plans for its Pacific Blue unit to set up in New Zealand next month to compete with Air NZ on domestic routes.
An Air NZ spokeswoman said the rumours were in the market rather in the media.
