https://archive.is/A7VsY | https://vgy.me/IttSTl.png :
Let Richard Branson kill United Airlines - LA Times
'Foreign companies and individuals—think Richard Branson and Virgin Atlantic Airways—are forbidden by U.S. law from owning more than 25% of a domestic airline. '
'But that’s precisely the point: With real competition comes real failure, hopefully followed by bankruptcy and even liquidation, instead of American-style too-big-to-fail bailouts. '
'The differently headquartered are banned outright from servicing routes between two American cities, a practice with the sinister-sounding name of cabotage. '
'That’s why Virgin America could be sold last year to Alaska Airlines over the express wishes of Virgin’s famous founder: He just didn’t have enough votes. '
'Perhaps you’ve seen that graphic making the rounds, showing how mergers over the last decade have consolidated the largest 11 domestic airlines into a profitable, customer-abusing Big Five?'
[–] Smokrates ago
Oh, he is working on that. Don't worry. It question is will they commit suicide before he can kill them?