Singapore Airlines has acquired a further 7.3% interest in Tiger Airways Holdings, parent company of budget carrier Tigerair, increasing its stake from 32.7% to 40%. The shares were purchased from Dahlia Investments and Aranda Investments, which are indirect wholly owned subsidiaries of Singapore Airlines’ parent company Temasek Holdings, which holds a 55.8% stake in Tiger Airways. The deal is worth approximately S$49.034 million ($38.8 million). Singapore Airlines said the acquisition ...

Subscribe to Access this Entire Article

"Singapore Airlines boosts Tigerair stake" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? Log in here.