Subsidiaries in no IPO world?

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1

I’m just getting started and I am trying to understand benefits of having one or more subsidiaries if IPOs are disabled.

I am currently operating out of my Holding company and want to know if I should reset and use subsidiaries instead.

BTW playing in Yeouido world, if that makes a difference.

2

It’s about maint categories. If you want more than three you might consider a sub for cost savings.
Or about interlinings. You might not want your entire airline to interline with others.
Or about different structures/concepts/prices you plan for the sub.

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