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Look at what happened to Virgin America? It was a consumer-focused airline that was doing very well financially, and it was forcibly acquired because of regula
by bbarn 7y ago
Look at what happened to Virgin America? It was a consumer-focused airline that was doing very well financially, and it was forcibly acquired because of regulations that US airlines must be US owned.
- wpietri 7y agoNope. That was a problem early on for Virgin America. But Branson was quite explicit: consolidation was the problem: https://www.virgin.com/richard-branson/virgin-america https://www.virgin.com/richard-branson/virgin-america
- bbarn 7y agoYeah, read the article. He was against the merger - regulation drove the forced consolidation, which he did not want. He posted about it a ton when it happened.