New Posts For Thread: Virgin Atlantic in troublehttps://community.betfair.com/chit_chat/go/thread/view/94038/31638131/virgin-atlantic-in-troubleDoes the beardo still own the airline and does he still have other assets he can sell off? He is a billionaire you win some you lose somewe are always told to try to save up to three months wages/salary for emergency's,how come business are encouraged to do something similarhttps://community.betfair.com/chit_chat/go/thread/view/94038/31638131/virgin-atlantic-in-trouble?post_id=559085853#559085853we are always told to try to save up to three months wages/salary for emergency's,how come business are encouraged to do something similarTue, 31 Mar 2020 02:32:19 -0500Would be madness to bail out any airline @ present.The desire to travel here there and everywhere will be reduced dramatically by Coronavirus.Anyone fancy a fortnight in Italy /Spain ???https://community.betfair.com/chit_chat/go/thread/view/94038/31638131/virgin-atlantic-in-trouble?post_id=559085847#559085847Would be madness to bail out any airline @ present.The desire to travel here there and everywhere will be reduced dramatically by Coronavirus.Anyone fancy a fortnight in Italy /Spain ???Tue, 31 Mar 2020 02:25:12 -0500Apparently Virgin group own 51% and Delta 49%Branston had the chance to sell 31% of Virgin Airlines to Air France and KLM in December but decided he wanted Virgin Group to keep control.https://community.betfair.com/chit_chat/go/thread/view/94038/31638131/virgin-atlantic-in-trouble?post_id=559085829#559085829Apparently Virgin group own 51% and Delta 49%Branston had the chance to sell 31% of Virgin Airlines to Air France and KLM in December but decided he wanted Virgin Group to keep control.Tue, 31 Mar 2020 01:59:44 -0500Would he invest in an Airline now?I was under the impression Airlines don’t make money. Not sure how big Branson’s stake is in Virgin right now. He is all about the brand so maybe just trying to protect the reputation of Virginhttps://community.betfair.com/chit_chat/go/thread/view/94038/31638131/virgin-atlantic-in-trouble?post_id=559085821#559085821Would he invest in an Airline now?I was under the impression Airlines don’t make money. Not sure how big Branson’s stake is in Virgin right now. He is all about the brand so maybe just trying to protect the reputation of VirginTue, 31 Mar 2020 01:51:45 -0500Yeah, Warren is waiting with a huge cash reserve.............https://community.betfair.com/chit_chat/go/thread/view/94038/31638131/virgin-atlantic-in-trouble?post_id=559084181#559084181Yeah, Warren is waiting with a huge cash reserve.............Mon, 30 Mar 2020 15:41:12 -0500Every small to middle sizes business will go down the pan,very smart idea thishttps://community.betfair.com/chit_chat/go/thread/view/94038/31638131/virgin-atlantic-in-trouble?post_id=559084055#559084055Every small to middle sizes business will go down the pan,very smart idea thisMon, 30 Mar 2020 15:32:09 -0500Most businesses are viable but negated by cashflow at the moment courtesy of Covid-19. Virgin Airline is on such entity; a good tie-up with Singapore Airline the premiership of airlines, I think.https://community.betfair.com/chit_chat/go/thread/view/94038/31638131/virgin-atlantic-in-trouble?post_id=559083893#559083893Most businesses are viable but negated by cashflow at the moment courtesy of Covid-19. Virgin Airline is on such entity; a good tie-up with Singapore Airline the premiership of airlines, I think.Mon, 30 Mar 2020 15:18:13 -0500The government will want to avoid asset stripping.The country will need a large fleet in operation.https://community.betfair.com/chit_chat/go/thread/view/94038/31638131/virgin-atlantic-in-trouble?post_id=559081911#559081911The government will want to avoid asset stripping.The country will need a large fleet in operation.Mon, 30 Mar 2020 12:00:31 -0500I think Delta own 49% so surely their interest to make sure they dont go under.https://community.betfair.com/chit_chat/go/thread/view/94038/31638131/virgin-atlantic-in-trouble?post_id=559081867#559081867I think Delta own 49% so surely their interest to make sure they dont go under.Mon, 30 Mar 2020 11:56:35 -0500Why should you and me, the British taxpayer bail them out with our money?https://community.betfair.com/chit_chat/go/thread/view/94038/31638131/virgin-atlantic-in-trouble?post_id=559081555#559081555Why should you and me, the British taxpayer bail them out with our money?Mon, 30 Mar 2020 11:22:32 -0500