Original article by Jamie Freed
The Australian Financial Review – Page: 13 & 18 : 14-Jul-14
Air New Zealand (NZ) is Virgin Australia’s largest shareholder, with a 25.99 per cent stake. The carrier, Singapore Airlines, Etihad Airways and Virgin Group have a combined stake of 79.4 per cent in Virgin Australia, but Air NZ CFO Rob McDonald has downplayed speculation that they could seek to privatise the airline. He stresses the importance of maintaining a sharemarket listing, while he has ruled out spinning off Air NZ’s frequent flyer program in the near-term
CORPORATES
VIRGIN AUSTRALIA HOLDINGS LIMITED – ASX VAH, AIR NEW ZEALAND LIMITED – ASX AIZ, SINGAPORE AIRLINES LIMITED, ETIHAD AIRWAYS, VIRGIN GROUP LIMITED, QANTAS AIRWAYS LIMITED – ASX QAN, AUSTRALIA. FOREIGN INVESTMENT REVIEW BOARD, MOODY’S INVESTORS SERVICE INCORPORATED