- Feb 3, 2002
- Total Time
Airline foreign ownership restrictions mean getting to this point has not been easy. Ridgway labels such hurdles as ridiculous: "This industry created the global economy, so why we're still subject to all these archaic rules is beyond any of us. It will change, but it's just painful."
Virgin America, in particular, has faced ownership scrutiny since its inception, making the topic very relevant to Cush: "The nature of travel is about crossing national boundaries and the fact that we can't have efficient economic structures and efficient governance structures to facilitate that is crazy. As soon as it breaks down in aviation it's going to be the travelling public that wins," he argues, tagging on: "I feel like I'm running for office."
Hey look, smug sarcasm! Aren't you the clever one?How very profound. Thank you for your contribution to the thread.
This one's a high minded gem for the ages, eh?He'll be gettin his muffin buttered I reckon.
There seems to be no news on the whole foreign ownership thing. I don't understand it. They make no effort to hide it and the denials are extremely vague. Branson shows up at the launches like a rock star.
listen to this interview with David Cush (CEO Virgin America) and Steve Ridgeway (CEO Virgin Atlantic). They seem to treat the laws as worthy of ridicule, which I suppose they are doing by flaunting them.
Hey look, smug sarcasm! Aren't you the clever one?
Perhaps I should look to your last post for example of profoundness?
This one's a high minded gem for the ages, eh?
Save it for the mirror, chump.
Pull up a chair next to Branson and his Cabotage.
In the meantime, Open Skies round two will open. While a democratic administration will be reticent to allow any changes, the ATA is for liberalized capital rules (editorial on their web site yesterday), as are the CEOs of some airlines, notably Tilton of UAL.