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[TD]I believe this was expected news:
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[TD="align: justify"]Virgin Australia Holdings Limited (Virgin Australia) is pleased to announce that it has completed the acquisition of 100% of the issued share capital in Skywest Airlines Ltd.
Completion of the acquisition announced on 30 October 2012 provides Virgin Australia with the assets and capabilities to fast-track its advancement into the growth fly-in-fly-out and regional markets. Virgin Australia Chief Executive Officer John Borghetti said: “We are very pleased to have completed the transaction and to now be able to bring the Skywest business into the Virgin Australia Group”.
“This acquisition gives Virgin Australia the ability to increase competition in these important market segments, which in turn will benefit jobs and tourism, especially in growing regional markets including Western Australia”. Mr Borghetti said.
Also, Virgin Australia announces the appointment of Merren McArthur to the newly created role of Group Executive, Virgin Australia Regional Airlines, following Virgin Australia’s acquisition of Skywest.
Ms McArthur will be based in WA and will be tasked with ensuring a smooth integration of the two businesses. She will be responsible for the Virgin Australia Regional Airlines’ AOC and for growing Virgin Australia’s regional footprint in important market segments such as the high growth fly-in-fly-out market and key regional areas across Australia.
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[TD]I believe this was expected news:
[/TD]
[/TR]
[TR]
[TD="align: justify"]Virgin Australia Holdings Limited (Virgin Australia) is pleased to announce that it has completed the acquisition of 100% of the issued share capital in Skywest Airlines Ltd.
Completion of the acquisition announced on 30 October 2012 provides Virgin Australia with the assets and capabilities to fast-track its advancement into the growth fly-in-fly-out and regional markets. Virgin Australia Chief Executive Officer John Borghetti said: “We are very pleased to have completed the transaction and to now be able to bring the Skywest business into the Virgin Australia Group”.
“This acquisition gives Virgin Australia the ability to increase competition in these important market segments, which in turn will benefit jobs and tourism, especially in growing regional markets including Western Australia”. Mr Borghetti said.
Also, Virgin Australia announces the appointment of Merren McArthur to the newly created role of Group Executive, Virgin Australia Regional Airlines, following Virgin Australia’s acquisition of Skywest.
Ms McArthur will be based in WA and will be tasked with ensuring a smooth integration of the two businesses. She will be responsible for the Virgin Australia Regional Airlines’ AOC and for growing Virgin Australia’s regional footprint in important market segments such as the high growth fly-in-fly-out market and key regional areas across Australia.
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