Virgin Australia is another step closer to taking control of Tiger Airways Australia after gaining approval from the Foreign Investment Review Board (FIRB).

The FIRB has no objections to Virgin’s proposed purchase of a 60 per cent stake in Tiger Australia, Virgin said on Tuesday.

The deal had already been given the green light by the competition watchdog, but a few other conditions still need to be met before the deal is finalised, Virgin said.

The company expects that to happen by mid-July.