15 July 2008

Virgin Blue a takeover target as Toll exits?

Virgin Group is now the largest single shareholder in the Australian formerly LCC now major network carrier. Toll Holdings has finally ended it ownership position leaving Branson with a small holding and the rest in institutional and public hands.

But after all the shenanigans over its ownership, Virgin Blue might finally be a target of a takeover. Given the tortuous history of airline ownership in Australia, we can always expect the unexpected.

So lets see who emerges as a potential winner. Perhaps SQ might finally realize its vision of a Tranpac carrier by acquiring the Oz based carrier. But then I am merely speculating. But it would be nice to see Tiger and VB together with Tiger being the Uber LCC brand instead of Air Asia. What do you think?



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