SINGAPORE (Yosefardi) – Singapore Airlines confirms that it is in discussions to purchase a shareholding in South Korea’s Jeju Air.
SIA said the discussions have taken place on a possible equity investment in the airline. However its said these discussions may not result in a transaction.
Meanwhile the Auckland High Court has approved an agreement reached between the New Zealand Commerce Commission and Singapore Airlines Cargo concerning the air cargo proceedings.
The Court’s approval of the agreement brings the Commission’s air cargo investigations and proceedings in New Zealand to a close for Singapore Airlines
Cargo.