Presumably not - more like Virgin Blue, a separate business sharing the brand name, but not much else.
Personally, I can't help but think it optimistic to start an airline with $15 million, in the USA, anytime soon.
Besides, the American market is much more served than the Australian one. Southwest, AirTran, JetBlue, Frontier.... there seem to be more low-cost airlines, and the holes in their networks aren't that great, are they?
, so waiting until UA
liquidates and trying to scavenge some routes and slots may be a decent idea, but you can bet there's a long line of airlines waiting to do just that... can't see a partially British owned startup grabbing all the goodies...