I have not seen this topic discussed on airlinesim forums before but if there are excuse me.
I was wondering if there is a possibility to have a dual owned enterprise without going IPO. Example, Virgin Atlantic 51% Virgin , 49% delta or Thai Air Asia with 55% Asia Aviation and 45% Air Asia. I feel this should be in airlinesim as it makes profits and partnerships with the airline, help merger processes , ease of traffic rights and `a brand new startup with 2 new owners and can be operated by the airline with majority shares.
What do you think of this idea, tell everyone :) :)
I think what the OP is getting at is more of a joint venture, where company A provides 51% of the starting capital and company B provides the remaining 49% of the starting capital.
As is with the IPO and stock market system, you are left with an IPO worth 20% of the company in which the most one company can purchase initially is 6.667%. In turn, it drives up the price of the stock to get others to sell.
It cannot be a joint venture if one party has controlling interest. It’s merely one party having control and the other party being a cash cow with the hope that the dominant partner will act in the best interests of both companies.
There was a topic recently about two different airlines being able to own the exact same number of shares totalling to an amount that gives controlling interest, and an random decision made as to who actually has control. With the IPO subscription process, there’s no way to control who participates. However, you can split up the majority 80% of ownership that remains after the IPO, so two companies have 40% ownership, plus a number of other companies owning the remaining 20%. There are ownership issues involved though; what happens if one of the joint venture partners accidently [or deliberately] deletes the enterprise?
I build an airline in country A, but I also want to control airline in country B, so I want to make a joint venture, so I can run two airlines in different country without violating the traffic rights.
But this would mean that the large airlines would be able to get even bigger at all. I'm not sure if it is wanted to have a single or two global airlines.