Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
SIA Chairman: No Intention To Buy Into DJ.. Yet  
User currently offlineSingapore_Air From United Kingdom, joined Nov 2000, 13756 posts, RR: 18
Posted (13 years 11 months 4 days ago) and read 2192 times:

Singapore Airlines Chairman Koh Boon Hwee, has said that Singapore Airlines has no intention at the moment to buy into Virgin Blue or to set up an airline in Australia on behalf of Star Alliance.

When asked if SIA would take a stake in DJ, he said, "Is it possible? Yes, it is possible. But are we considering it now? The answer is no."

He said that SIA instead will concentrate on enhancing it competitive advantage and increasing yields.

"While our S$632 million profit after tax was a very good result considering the prevailing conditions, we must naturally aim for a stronger performance in this financial year, even though yields may be slow to recover," Koh said.

More information at the Dow Jones / Yahoo website

Anyone can fly, only the best Soar.
Top Of Page
Forum Index

This topic is archived and can not be replied to any more.

Printer friendly format

Similar topics:More similar topics...
Japanese Airlines - No Intention To Buy A380 posted Thu Feb 22 2001 13:04:18 by Singapore_Air
German Govt. To Buy Into Airbus Via The Back Door? posted Sun Oct 29 2006 15:17:47 by NAV20
EK-no Intention To Cancel The A380 Orders... posted Wed Jun 21 2006 14:33:44 by Beaucaire
Qantas Wants To Buy Into Adam Air posted Sun Feb 5 2006 07:53:03 by PanAm_DC10
USAirways Announces No Intention To Leave PIT posted Fri Dec 19 2003 15:08:47 by Garnetpalmetto
Richard Branson To Buy Into ACA? posted Fri Aug 8 2003 07:15:51 by WMUPilot
SIA Sees No Hit To Bookings | Airline Stocks Up posted Tue Sep 18 2001 16:02:19 by Khoahuynhuk
Lufthansa To Buy Into Eurowings? posted Sat Sep 16 2000 12:37:10 by B737-700
Qantas To Buy Into MAS posted Thu Sep 14 2000 05:44:01 by Sp-deluxe
SIA Gets Go Ahead To Buy AirNZ posted Mon Apr 17 2000 14:12:49 by Jubilee777