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From that link Virgin Atlantic, however, continues to press, and has written to MPs pointing out that it provides the only British-flagged competition to Briti
by goatinaboat 7y ago
From that link
Virgin Atlantic, however, continues to press, and has written to MPs pointing out that it provides the only British-flagged competition to British Airways on many key routes from Heathrow.
Virgin is owned by Americans (Delta), Air France and a shady billionaire who pays no tax in the UK. Why would the British taxpayer be on the hook here?
Also why isn’t BA asking the Spanish government for a bailout? Since it is owned by Iberia...
- tonyedgecombe 7y agoBA isn't asking anybody for a bailout. They have been lobbying against bailouts for the industry.
- eb0la 7y agoBA is not owned by Iberia. Both Iberia and BA are owned by the holding IAG. BA got 55% of IAG and Iberia 45% when IAG was incorporated as part of the fusion (http://news.bbc.co.uk/2/hi/8356780.stm http://news.bbc.co.uk/2/hi/8356780.stm).
- robjan 7y agoIAG is also domiciled in Spain