Virgin Atlantic

IF  I only had one bullet branson and Jamie oliver, I,d need to try for some sort of rick oh shey

WHEN he,s gone and there,s a count up it will emerge branson and his staff have gone through more taxpayers cash than a handful of sink estates

He is a grade one hippo

after this when it ends, recession, climate change,people looking inwards, who,s to say virgin airlines are a viable company anymore they survive now on wafer thin margins,
knowing dickie he,ll use an ymoney to stock up on cheap fuel and increase prices after a start back and be hailed a hero,nuisness guru,as the breakers yards smash up his 4 luxuru cruise liners

Once a conman.....

I did mention to a workmate a few years back when seeing virgins debt,think 5 billion was mentioned, and asked htf is that considered a viable business, obviously I admit business world is a mystery to me

boss of heathrow forgoing his bonus for 3 months about 120 grand,dickie would be disgusted

Dickie's cap in hand just days away


Coronavirus: Virgin Atlantic to seek bailout in coming days

Virgin Atlantic is expected to ask for a government bailout worth hundreds of millions of pounds in the coming days, the BBC understands.

https://www.bbc.co.uk/news/business-52066640

could he not sell his island ?

Could start by selling his Hedonistic cruise liners.

Who cares ;just let it collapse....when this is all over and demand increases another airline will step in to increase capacity.

yeah, they'll be queuing up in dozens with billions, with no slots. a downturn in business

Easyjet will be on the ponce soon following last months 174m dividend to shareholders, with Sir Stelios Haji-Ioannou netting 60m.

He then urged the airline to slash costs by cancelling orders for planes and sacking staff during the coronavirus outbreak.

So Dicky didn't retreat to the Virgin Islands to evade paying tax, he did it for the love of the islands.

Now he wants the UK taxpayer to bail him out with loans.

Sell your assets, reduce staff, cut running costs like many other businesses will be forced to do.

Virgin Australia is set to go into voluntary administration in the biggest airline collapse in Australia since Ansett failed in 2002, putting thousands of jobs and more than a billion dollars in pre-paid tickets at risk.

Administration is likely to wipe out the value of stock in the group, including that held by dominant shareholders Singapore Airlines, Chinese groups Nanshan and HNA, the government of Abu Dhabi through state airline Etihad and billionaire Richard Branson.

However, administration may also help a buyer to reduce or eliminate a debt mountain of more than $4.8bn owed to banks that has crippled the airline as it continued to burn through cash while its planes were grounded.

Trading insolvent then?

Dickie sticking his Island of Necker up as collateral against bailout loans from the taxpayer.

Maybe we can get a free week's holiday there as a thank you when we bail him out.