Virgin Blue Holdings (ASX:VBA) is seeking approval for an alliance with Singapore Airlines, but said it will not reduce its incentive to compete with Tiger Airways Australia.
The airline has assured the competition regulator that a marketing alliance with Singapore, who incidentally owns a 33 per cent stake in Tiger Australia’s Singaporean parent company, will not include a codeshare on routes already codeshared with Etihad.
Today’s Australian newspaper said a letter from Virgin’s lawyers to the ACCC noted Tiger’s service levels were low and it had poor customer satisfaction, not representing good value.
Virgin Blue Holdings (ASX:VBA) reported a net loss of $67.8 million for the 2011 financial year.
