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Old 14th April 2020, 05:31 PM
Erik H. Bakke Erik H. Bakke is offline
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People are calling for VA not to receive a bailout because they are foreign owned. Does the ownership make the affected jobs any less Australian?

Also, if they refuse to support VA because it is foreign owned, that is not exactly the way to tempt any other foreign entities to invest in the Australian market once this crisis is over.

I fear that if VA shuts down, there simply will be no second player in Australia. Qantas will simply be so big that once there is any kind of market disturbance or uncertaintly, any number two airline will not be able to survive.
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