Originally Posted by
Slasher1
Not to quibble, but I think this a bit misleading.
From what I understand Swire Pacific owns 45%, Air China 30% and Qatar 10%. Effectively making the airline a sort of partnership where SP has the overriding majority. So SP has the overall hammer with AC having a significant potential voice in the matter and Qatar getting a token opinion.
There’s quibbling and then there’s being wrong.
By definition a minority shareholder is any shareholder that owns less than 51% of a company. Every single company on the planet has a largest shareholder. Yet it’s rare that the largest shareholder has management rights when they’re a minority shareholder.
My question still stands. Name one other airline that is run by the board of a minority shareholder. Particularly a minority shareholder that has numerous related interests.
A follow up question. When was the last time a decision made by the JSSHK management team at the airline was the subject of a conflict of interest review?