- Tiger Airways Australia Pty Limited
SummaryVirgin Australia Holdings Limited and Tiger Airways Holdings Limited proposed to enter into a joint venture for the operation of Tiger Airways Australia Pty Ltd. Under the proposed joint venture Virgin Australia Holdings Limited will acquire a 60% interest in Tiger Airways Australia Pty Ltd, with a 40% shareholding remaining with Tiger Airways Holdings Limited.
Market definitionPlease refer to the attached Public Competition Assessment.
Competition analysisPlease refer to the attached Public Competition Assessment.
Correction to Public Competition Assessment - Paragraph 27 contains a list of the largest regional and charter service operators in Australia. While this list made reference to the Regional Express subsidiary Pel-Air, Regional Express' larger regional operation known as Rex was inadvertently omitted from this list. This omission does not affect the ACCC's assessment of this acquisition.
Statement of issues
|Virgin Tiger - final SOI - 6 February 2013 ( PDF 165.13 KB )||7 Feb 2013|
Public competition assessment
|02/11/2012||ACCC commenced review under the Merger Review Process Guidelines.|
|28/11/2012||Closing date of submissions from interested parties.|
|11/01/2013||ACCC timeline suspended pending receipt of information requested from the merger parties.|
|16/01/2013||ACCC received further information from the merger parties. ACCC timeline recommenced. Former proposed decision date of 31 January 2013 postponed to allow the ACCC time to consider the further information.|
|07/02/2013||ACCC published a Statement of Issues outlining preliminary competition concerns.|
|22/02/2013||Closing date for submissions relating to Statement of Issues.|
|08/03/2013||ACCC requested further information from Virgin Australia and Tiger Australia. ACCC timeline suspended. Former proposed decision date of 14 March 2013 delayed to allow provision of requested information.|
|11/04/2013||ACCC received further information from Virgin Australia and Tiger Australia. ACCC timeline recommenced.|
|23/04/2013||ACCC announced it would not oppose the proposed acquisition.|