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Singapore Airlines open to offers for Virgin Atlantic stake: CEO

6-Jun-2011 4:48 PM

Singapore Airlines CEO Goh Choon Phong stated the carrier is open to any offers for its 49% stake in Virgin Atlantic (Reuters, 06-Jun-2011). He added that the company is not opposed to mergers and acquisition possibilities and would look at future opportunities.

Singapore Airlines: "I think we have been quite open, we have stated that we are open if somebody is interested in the 49 percent stake in Virgin, they can make an over and we will evaluate it and we will make decision based on that," Goh Choon Phong, CEO. Source: Reuters, 06-Jun-2011.