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Chinese carriers set sights on Virgin Australia shareholding

Virgin Australia Boeing 737-800 © Virgin Australia Virgin Australia Boeing 737-800

China Southern Airlines (CZ, Guangzhou) and Hainan Airlines (HU, Haikou) have expressed an interest in the acquisition of some, if not all, of Air New Zealand's 25.9% stake in Virgin Australia (VA, Brisbane Int'l).

The Australian Financial Review states the Chinese carriers have already engaged investment banks in Australia about representing their interests.

The report also claims that ...

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ch-aviation inside

ch-aviation interview: Edmund Makona, CEO Air Zimbabwe
ch-aviation interview: Edmund Makona, CEO Air Zimbabwe

Air Zimbabwe is the national flag-carrier of Zimbabwe and is owned by the government, its sole shareholder. Founded in 1980, Air Zimbabwe can trace its lineage back through Air Zimbabwe-Rhodesia and Air Rhodesia, to Central African Airways, the colonial airline founded in 1947 to service the then Federation of Rhodesia and Nyasaland, and which also gave birth to two other now defunct carriers –...

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