3 ms·
Unlikely I’d say. The govt has not been forthcoming so far, and the company is mostly foreign owned anyway right?
by nojs 6y ago
Unlikely I’d say. The govt has not been forthcoming so far, and the company is mostly foreign owned anyway right?
- ferros 6y agoI think they have avoided any handouts to accelerate(Or at least not delay) a sale. Now that there is new ownership I expect they will come to the table.
- fphhotchips 6y agoNot to pass judgement on the wisdom of this strategy either way, but this decade's Liberal government hasn't been particularly open to saving/subsidising foreign owned businesses just because they maintain a national industry. Otherwise GM and Ford would still have factories here.
- aryonoco 6y agoCorrect, until a couple of years ago, VA was pretty much owner by Air New Zealand, Singapore Airlines and Etihad each having about 22%. Richard Branson's Virgin Group had less than 10% and the rest was publicly held by mostly retail investors. Then Air NZ sold their shares to a Chinese consortium.