>>then subsidising the present ownership should not be down to the taxpayer.
So if you're not currently paying tax it's nothing to do with you? Government expenditure impacts all people, not just the much lauded taxpayer.
That to one side, Branson was prepared to accept selling shares to the Government because all the other people who might have been prepared to buy shares would be companies unacceptable to Virgin and/or Delta.
The problem is, of course, you'd have to worry about the Government's position on legislation affecting airlines in general, or mergers affecting one airline in particular, if they were heavily invested in it.
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