Originally Posted by
TBM-Legend
But according to the experts on PPRUNE its OK for Virgin Australia to be 90% foreigned owned!!!
That's not the point, VA International is 51% Australian owned. The Ownership cap applies to the whole airline in the case of Qantas not just the international part. That's what they're complaining about. However, mutliple unrealised dubious ventures in Asia might have also allowed some capital for use on fleet renewal. I'm not convinced is as bigger problem as has been made out, just because one so-called 'analyst' has expressed an opinion. I would say the bulk of the 737-800 fleet is quite young, the 747s are old and are scheduled to be retired, probably with more 787-9s so that will lower the average fleet age.
No one ever complains about the fact that VA does virtually zero maintenance in Australia either yet QF gets a bashing everytime they buy a rivet from overseas.