News for hackers. Stuff that matters.

A comment on Profits are too high. America needs a giant dose of competition. Parent comment

Re:Profits are too high. America needs a giant dose of compe... by takno on Tuesday March 29, 2016 @08:13AM (#11380865)
Virigin tend to take small ownership stakes in companies and just lease their name and branding out to them. In the case of Airlines they own 25% of Virgin America, 51% of Virgin Atlantic and 10% of Virgin Australia.
[ Parent | on HN ]
Re:Profits are too high. America needs a giant dose of compe... by mortehu on Tuesday March 29, 2016 @09:47AM (#11381385)
25% is the maximum "aliens" can own or vote in an airline flying domestically in the US, so while it might be a small stake, it's also the largest possible stake.
[ Parent | on HN ]