Thread: virgin america
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Old 05-02-2009 | 04:16 PM
  #20  
tpersuit
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Originally Posted by Bucking Bar
That's good stuff and I'm not even a VA fan.
I'm not sure how they relate. I have no dog in this fight, but on APC this is what it says about Lufhansa:
"Lufthansa invested approx. $300 million for a 19% stake in JetBlue:

If I'm not mistaken, foreign ownership has to be below 50%, so how does that relate at all to VA being owned almost 100% by a foreign entity? Just curious before we start saying both situations are the same. Didn't KLM have a similar stake in NWA as Lufthansa does in JetBlue?
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