Originally Posted by
Denied Justice
If the Chinese government through HNA owns a significant part of Virgin, there is no way the Australian government should bail Virgin out.
EAG is Etihad and they are broke after failed investments in Alitalia and Air Berlin.
SIA is looking for cash to keep itself afloat.
Corvina Holdings is a Caribbean based entity - a subsidiary that ultimately has Richard Branson through a company called Grenache as a primary shareholder.
Nanshan Capital is another major Chinese group.
So there is not too much Australian about VAH at all.
Except most of its workforce...