Virgin Atlantic Bailout over coronavirus

[confusedandtired99]

www.google.co.uk/amp/s/news.sky.com/story/amp/coronavirus-aviation-giants-lobby-for-virgin-atlantic-bailout-11966892

Didn’t they refuse to pay their staff? Now they are asking for a bailout!

Are you The Daily Mail?

No. she's Sky News

Branson can bail himself out with his billions

See also, Premiership football teams seeking assistance (presume the furlough scheme) for their non essential staff whilst still paying their vastly overpaid players. Was on the radio a minute ago.

Yes, worth bailing them out. This is about saving many individuals’ jobs and a large net contributor to the UK economy.

They should bail them out on the condition that Branson chips in first.

Of course Virgin Atlantic should be bailed out. It is a sound, profitable business which employs thousands of people & provides important links to the world, and vital competition to BA which would otherwise have an effective monopoly on direct long-haul travel to & from the U.K.

The question is, how?

VS is owned 51% by Branson & 49% by Delta, one of the world’s biggest airlines. Any bailout needs to come from the shareholders first, with the govt contributing as a last resort, possibly in return for an equity stake.

LOL

If Virgin Air is profitable etc, why does it need a bail out? Use the profits to pay staff, surely?

Oh right, it probably ISNT profitable and thats why they want free money.

Should Mr Branson not sell his idylic house in the Bahamas to pay for his staff/employees etc? And isnt it rather suspect that 49% shareholder Mr Delta Air doesnt want to pop a pound in either to help save the airline?

Says it all!

Oh ffs I’m neither the daily fail or Sky news.

I just saw the headline and felt rage. They probably will bail him out but why should they? Why can’t Richard Branson use some of his own wealth? Surely he’s got enough!

A relative is Virgin cabin crew. They’ve been furlonged so she’s happy at the moment. However she said they’ve been treated terrible whilst working over the last few weeks.

No hand sanitiser or masks on flights. Taken to hotels when working which have no kitchen open so they’ve had to find their own food, passengers crammed into small spaces when there was space on the aircraft etc etc

Just total disorganisation and no common sense.

Of course they should be bailed out, like others have said they are a massive part of long haul travel for people in the U.K., without them thousands of people will lose their jobs and they will leave a massive dent in the U.K. economy.

That isn’t to say of course that Delta and Branson shouldn’t have to stump up some of their own cash as part of the deal.