Originally Posted by
43Inches
On the flip side, Virgin would be a dead and roasted duck by now without the loophole...
How do you figure? The shell company was a way for Virgin to be able to do their international operations.
There is no legislative restriction on foreign owned companies operating domestic only services in Australia (hence Virgin, Rex and now Bonza).
Whether or not there should be restrictions on foreign ownership of domestic carriers is another question entirely!