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20-04-2020, 11:16 AM | #1 | |||
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Senior Member
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Yes
Down Under , no flights now bankrupt. BBCnewsHD https://www.theguardian.com/business...f-jobs-at-risk Last edited by arista; 20-04-2020 at 11:20 AM. |
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20-04-2020, 11:50 AM | #2 | |||
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Senior Member
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I really feel sorry for all the people that work for Virgin.
However, I hope we don’t bail this British none tax payer out. |
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20-04-2020, 05:18 PM | #3 | |||
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I Cant Breathe
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Quote:
In my eyes he isnt entitled to it for refusing to pay tax
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20-04-2020, 05:23 PM | #4 | |||
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Senior Member
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20-04-2020, 05:59 PM | #5 | |||
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Likes cars that go boom
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Is it right that this bailout based on tax paid in the UK? If it is that's genius.
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21-04-2020, 09:53 AM | #6 | |||
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Senior Member
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[Richard Branson says
'this is not the end for Virgin Australia' after the airline went into voluntary administration Virgin Australia has gone into voluntary administration after failing to secure an emergency bailout from the Australian federal government, leaving at least 15,000 jobs in limbo. Accounting firm Deloitte has been appointed as administrators. The airline's cash flow collapsed due to the coronavirus pandemic.] |
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21-04-2020, 11:00 AM | #7 | |||
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This Witch doesn't burn
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He only has a 10 per share who owns the rest of it, Singapore Airlines have a huge chunk..and Etihad
n May 2016, HNA Group (part owner of Hainan Airlines), announced plans to purchase a 13% stake in Virgin Australia Holdings, which if approved will see existing owners' shares diluted. Air New Zealand's stake would become 22.5%, Etihad would hold 21.8%, Singapore Airlines 20.1% and Virgin Group 8.7%.[16] A month later Air New Zealand sold 19.9% of VAH to Nanshan Group (majority owner of Qingdao Airlines);[17] and in October, Air New Zealand sold its remaining 2.5% of VAH to Nanshan Group (majority owner of Qingdao Airlines).[18] A month later Virgin Australia CEO John Borghetti wrote to the airline's pilots to reassure them the airline was in a sound financial position following publication of a report suggesting the airline was approaching insolvency.[19][20]
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'put a bit of lippy on and run a brush through your hair, we are alcoholics, not savages' Last edited by Cherie; 21-04-2020 at 11:04 AM. |
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21-04-2020, 12:08 PM | #8 | |||
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Senior Member
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Its a Commercial Loan
Branson wants from the UK Government to Save the UK Virgin Airways so let him have it on a set time loan if he does not pay back - We get his Private Island Last edited by arista; 21-04-2020 at 12:10 PM. |
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21-04-2020, 12:09 PM | #9 | |||
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Senior Member
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Easy Jet
has secured a Loan from the UK Gov. He has to pay interest on that. |
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23-04-2020, 03:54 PM | #10 | |||
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I Cant Breathe
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Simon Cowell and Ducan Bannatyne have attack him and the beckhams for furloughing staff and said they will pay their staff from their own pockets
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