Originally Posted by
DanV2
Not even SQ wants to touch VA those days. They've been on record previously that they were not happy with their VA stake for some time after having to report VA's losses in the SIA group's own financial reports.
I would not be surprised if SQ are looking at selling out themselves. There's a better chance of outsiders such as DL, NH or TK taking a stake over the "so-called saviour" SQ, which are just as responsible as EY and HNA for VA's financial messes over the years.
It is tiring this love affair that some either in the media or the industry have for SQ... this is an airline that is effectively government owned to the tune of something like 90%, is not making the highest profits itself, had another go at the Australian market setting up TT which was an unmitigated disaster so they offloaded it to VA to save face. What is so damn brilliant about this particular company?