Singapore Air Is Facing a $3.2 Billion DilemmaBy , , and
Power-sharing agreement in limbo as Air NZ considers exit
Air NZ’s 25.9 percent stake in Virgin worth about $249 million
Singapore Airlines Ltd. has a decision to make: throw more cash at Virgin Australia Holdings Ltd., which has burned up shareholder wealth in four of the past five years, or risk an unwelcome rival muscling in.
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