PPRuNe Forums - View Single Post - European company buying Eastern Airlines?
Old 31st Dec 2018, 13:56
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MarkerInbound
 
Join Date: Nov 2007
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A foreign entity can not have controlling interest in a US air carrier. If it's publicly traded they can own up to 49 percent of the stock, a' la DHL and Polar Air Cargo. As best I can see Swift is privately held. They could have a foreign partner invest in them but could not be sold to a foreigner. I do not know if the same restrictions apply to maintenance providers.
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