Another delay for Virgin, Tiger decision

Another delay for Virgin, Tiger decision
By admin


Virgin Australia and Tiger face an extended wait to find out if their joint venture can proceed as the competition regulator delayed its ruling once again.

The Australian Consumer and Competition Commission confirmed today that its timeline for a decision on Virgin's proposed acquisition of a 60% stake in Tiger had been "suspended" as it requested further information from the airlines.

In a statement, Virgin said it will respond to the request and will "continue to liaise with the ACCC regarding the transaction".

The decision had been scheduled for March 14 but the ACCC revealed it will announce a new decision date "in due course".

The move comes weeks after Virgin boss John Borghetti said the airline would not accept conditions to grow the carrier at a predetermined rate, hinting that any such edict from the ACCC could see the deal collapse.

The ACCC has previously raised concerns the deal could mute competition in the domestic market.

Meanwhile, in a letter to the International Air Services Commission, the ACCC commented that Qantas' codeshare with Emirates on the France and Thailand routes is unlikely to result in public detriment.

Latest News

  • Aviation

Qantas August stats show almost three-quarters of its flights depart on time

Qantas has reported it was the most on-time major domestic airline in August, with almost three-quarters of flights departing on time. According to the latest government data, 74.7 per cent of Qantas flights (Qantas and QantasLink combined) departed on time last month. The result was a slight improvement on Qantas’ July performance and nearly three […]

  • Appointments
  • News
  • Tour Operators

TTC names Melissa DaSilva interim CEO of TTC Tour Brands

The Travel Corporation has announced the appointment of Melissa DaSilva as interim CEO of TTC Tour Brands, effective immediately. DaSilva, who most recently served as president of TTC Tour Brands North America and brings more than three decades of travel industry expertise to her new role, succeeds Gavin Tollman who will exit the business when […]

  • Attractions
  • Food & Beverage

il Mercato Centrale Melbourne launches with full lineup of artisanal food outlets

Melburnians can now be transported to Italy, thanks to il Mercato Centrale which has opened in Collins Street and is set to serve thousands of visitors in the heart of Melbourne’s CBD. There is a wide range of culinary offerings, all under one roof, as well as entertainment, free community events and monthly artisan masterclasses. […]

  • Events

Business Events Victoria encourages applications for regional business events funding

Business Events Victoria is encouraging conference and event organisers to apply and make the most of all regional Victoria has to offer. The funding is part of the Regional Business Events Program, which is being delivered by Business Events Victoria in partnership with Melbourne Convention Bureau. The program supports national and international businesses to host […]