Airlines Urge Caution on Airport Privatization
The International Air Transport Association (IATA) 74th Annual General Meeting (AGM) urged governments to take a cautious approach when considering airport privatization. In a unanimously passed resolution, IATA members called on governments to prioritize the long-term economic and social benefits delivered by an effective airport ahead of the short-term financial gains provided by a poorly […]
Virgin Australia revenue increases 7.5pc, airline holds privatisation talks
Virgin Australia is moving towards privatisation after confirming for the first time that the board is actively looking at a delisting if it can reach a deal to buy back the small percentage of stock held by minority shareholders. «The board has held discussions about privatisation; however, there is no outcome to report to the […]
