July 10, 2019 / 11:37 PM / 4 months ago

Virgin Australia says frequent flyer partner seeks to sell stake

July 11 (Reuters) - Virgin Australia Holdings Ltd said on Thursday that Connectivity Pte Ltd is seeking to exit its 35% minority stake in the carrier’s Velocity frequent flyer programme.

Virgin added that it intended to stay a majority investor in Velocity Frequent Flyer Holdco Pty Ltd. (Reporting by Nikhil Kurian Nainan in Bengaluru; Editing by Stephen Coates)

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