virgin america
#14
Line Holder
Joined: Mar 2008
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#17
Gets Weekends Off
Joined: Jan 2007
Posts: 401
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Alaska, AFA and ALPA have filed a complaint, claiming defacto foreign ownership. VA responded the DOT show cause order has pre approved change of control provisions which are being followed. There are links out there with the official DOT filings if you are really bored and want the details.
Not much else is public. I don't know any more than that and if I did I wouldn't be posting it anyway.
#18
Thread Starter
Gets Weekends Off
Joined: Jan 2008
Posts: 646
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From: erb
[ quote= A320Pilot;583245] let us be nice to each other, we all have one thing in common & that is our profession. I am sure everyone wants to make the big bucks but unfortunately the times are rough & VA is a start-up so you have to understand the position of the pilots & the co as well.[end qoute]
#19
Can't abide NAI
Joined: Jun 2007
Posts: 12,078
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From: Douglas Aerospace post production Flight Test & Work Around Engineering bulletin dissembler
#20
Banned
Joined: May 2007
Posts: 698
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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?
"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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