AF takes 31% of Virgin Atlantic

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  • FaroFlyer

    Unfortunately this forum is once again degenerating into a hooligan type of vilification. The usual offenders. A similar situation existed some years ago with VintageKrug. Unfortunately today’s moderators seem happy to ignore what is happening on thi forum on an almost daily basis.

    The OED defines Moderate as temperate in conduct or expression.

    It is time that the moderators learned this and allowed the forum to be used by Business Travellers who are interested only in advice, assistance and appropriate comments regarding business travel.

    Enough is enough.


    I do not understand this. This agreement for AF/KLM to buy 31% of Virgin Atlantic will only be valid for the next six weeks, nĀ“est-ce pas?
    With a hard Brexit on the table then the logical thing is that no foreigners can buy anything over 49% of a British company. Delta already has that so how are the French and Dutch able to obtain a share over that maximum? Surely reciprocity will be the norm.
    If IAG is being investigated to see if non-Europeans (whatever that definition means) own more than 49% of the group for it to operate within continental Europe then surely the British government applies the same criteria in the reverse case. Or is there a different norm applied in the UK to continental Europe. Can anybody come into the UK and steal the silver if they put enough money on the table, while we are barred from doing the same in Europe? Some rationality needs to be applied here – protect British interests.

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