Virgin Australia Holdings and Skywest Airlines announced (06-Dec-2012) the Securities Industry Council of Singapore (SIC) granted formal approval to the terms of the proposed acquisition of Skywest by Virgin. The acquisition will be undertaken through Virgin’s wholly-owned subsidiary, VAH Newco No. 2 by way of a scheme of arrangement. Skywest Airlines is incorporated in Singapore, necessitating approval from the Singaporean regulator. Virgin is still waiting on Australian Consumer and Competition Commission (ACCC) approval of the Skywest acquisition as well as approval from Skywest shareholders. The ACCC is also yet to rule on Virgin Australia's proposed acquisition of a 60% stake in Tiger Airways Australia. [more - original PR]
Singapore approves Virgin Australia acquisition of Skywest
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The CAPA airline fleet quiz: 15 challenging questions. CAPA Summit Singapore 2/3 March
Test your knowledge of the global aircraft fleet with this CAPA Quiz. If you have access to the comprehensive CAPA Fleet Database, it should be a breeeeze.
Rank your result:
15/15 = Outstanding! – you should set up your very own aircraft leasing company.
13-14/15 = Excellent – your colleagues should say the word ‘wiki…’ in front of your first name around the office.
10-12/15 = Very good – someone should shout you several drinks at the next air finance gathering.
9 or below/15 = Time to brush up – you need to sign up for CAPA's Fleet Database immediately.
Visit http://capaevents.com/AFFS17 for the answers