Tag Archives: virgin

Virgin, Qantas jump on Tiger grounding

4 Jul

Shares in Australia’s major airlines rose the most in at least nine months as investors bought into Qantas and Virgin Australia in response to the grounding of Tiger Airways. Analysts say the Civil Aviation Safety Authority’s (CASA) suspension of Tiger Airways has put the future of the airline’s four-year-old Australian operations in doubt. CASA decided [...]

Virgin, Qantas jump on Tiger grounding

4 Jul

Shares in Australia’s major airlines rose the most in at least nine months as investors bought into Qantas and Virgin Australia in response to the grounding of Tiger Airways. Analysts say the Civil Aviation Safety Authority’s (CASA) suspension of Tiger Airways has put the future of the airline’s four-year-old Australian operations in doubt. CASA decided [...]