Originally Posted by
402Fanatic
I think a lot of it has to do with playing the game. VX spent all that time trying to keep their financials secret. Now AS is going to make sure that all their money is legit. Regardless of how many competing routes they have, VX cannot have an unfair advantage by breaking the rules.
There has been recent news that two of VX's investors are talking about pulling out. If that happens, they would be way over the foreign ownership limits. AS is just making sure everyone keeps an eye on them so they don't violate any laws. Otherwise you might as well let everyone take money from foreign investors. It's all in fairness in competition. If you think it is only because AS feels "threatened" then that's too bad. There is a reason every airline cried foul when VX tried to start up with foreign investments and their start was delayed....if nobody else gets to do it, why do they?
There is a difference between secrecy and confidentiality. VX did file data with DOT it just wasn't released publicly.
As far as rumours about what VX investors are doing, even if current investors get out they don't necessarily have to sell to foreign investors (but does anyone in the USA have investment capital at the moment?).
I haven't seen any real evidence that VX has or is on the verge of breaking any rules, on allegations based upon rumours of what might happen. Hardly cause for investigation.