Originally Posted by bensyd
SQ own 49% of VS, So their must be some sort of contract that says they cant fly competing routes with SQ, although they have a code-share with SQ. I'm not suggesting Branson sells out of VS I am saying though that their is nothing to prevent Branson lending the Virgin name to another airline that could fly competing routes to SQ, and if that is the case then it is fairly poor due diligence on SQ's part.
You don’t give the lawyers of SQ much credit! I am sure there would be a signed contract stating that Branson could not sell up and start a competing carrier. Also I very much doubt Branson selling up his major Virgin assets and his favorite asset at that to start up a carrier competing against SQ. Would it last any longer than OZJET? I doubt it, but we will never know as this will never happen
