Originally Posted by tpersuit

This whole situation is about VA being owned 100% by a foreign entity. They were owned 49% by a foreign entity. Aren't I correct that the 2 majority owners of VA asked for their investment back? Thus making the foreing ownership close to 100% now.

I really don't want to say VA is in the wrong here, I was just pointing out the comparison between Jetblue and VA doesn't seem to hold much water, since Jetblue has 19% foreign ownership while VA had 49% and now appears to have close to 100% now.