FlyerTalk Forums - View Single Post - One World is running low on options
View Single Post
Old Feb 8, 2010 | 1:04 am
  #56  
kiwiandrew
All eyes on you!
20 Years on Site
 
Join Date: Jun 2005
Location: New Zealand
Programs: NZ , QF , MK
Posts: 1,386
Originally Posted by CXBA
- CA holds 11% of MU stock. Given cross shareholding with CX and concurrent action during SQ attempt to get MU shareholding, any decision to join ST will be vetoed/obstructed by CX;
Sorry , how does CA holding 11% of MU stock give CX the ability to veto MU joining Skyteam ? Yes , I am aware that there is a degree of cross shareholding between CA and CX , but I dont see how CX having a cross shareholding in an entity which owns 11% of MU stock gives either CA or CX the ability to veto Skyteam membership for MU . Please could you clarify what you mean ?
kiwiandrew is offline