The issue is not being partially state owned/supported or not. The issue is that top management need to be really on top of things in the highly complex and competitive field of aviation. A professor once said that the "top elite" must be of impeccable integrity and of the highest competence. Never was ancestral origins in the equation, but it is sad for the entire industry when the racial card is used to force people into positions where quite frankly, they can cause irreparable damage and harm. Such positions are earned by hard work and experience, and you cannot take the time required factor out of experience. If you do, its called something else: fast tracking!
Sad, it is.