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Old 21st Apr 2020, 22:25
  #235 (permalink)  
T250
 
Join Date: Jun 2008
Location: Cheshire, UK
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Originally Posted by BBK
Rex B

Welcome to troll world. Hardly a professional pilot in sight. Thank you for your kind words earlier in this thread.

What the hard of thinking trolls are missing is that if Virgin doesn’t survive then HMRC will have a big hole in their budget to the tune of about 10,000 direct employees’ tax and NI. Not to mention the knock on effect of all the associated companies.

The other thing that’s intensely annoying is the idea that the company was struggling before. Challenges existed certainly but the Joint Venture with Delta was going well and the leisure flights were busy. Virgin Holidays were doing well. Anyway, sorry to inject some facts into this thread.
The 'hard of thinking' can see how such a 'big hole' you mention will be nothing compared to a total wipeout loan or other financial assistance offered by the Treasury/Taxpayers never being repaid when VA goes down at a later point. Not all businesses can and will be saved, Rishi has said it many times and unfortunately VA does not cut the mustard given its most recent financial performance. Good money after bad. Nothing to do with wishing ill of the airline or its staff, corporate greed and mismanagement have lead here, with Covid the catalyst.
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