I am no fan of Alan, but I think in this instance what he says does have a bit of merit. Australia works with very very strict foreign ownership rules. Virgin seems to be getting an endless line of credit from its foreign owners with the sole purpose of gaining DOMESTIC market share.
Who can really deny that Ethiad and Air NZ (FOREIGN CARRIERS) are basically now funding and providing commercial direction for Virgin Australia, is this allowable under Australian laws???
Somehow this thread has drifted into yet another Qantas vs. Jetstar bashing session. This has little to do however with the point that Al is making. Would we be so happy as a pilot group in Australia if a foreign carrier came and set up shop here and with an overseas workforce with all profits going offshore, infact sod it, why not just do away all together with the cap on foreign ownership, then we will see what happens to pilot's terms and conditions in Australia.