Originally Posted by
recall_checked
Although I do think having survived covid we’d get through most things. Branson only put forward a fairly small % of the cash injection, most came from other investors. We make plenty of money, VS are just too clever to call it profit, otherwise you have to pay tax.
Ah all these stupid companies around the Uk paying tax on their profits are missing a trick here, all they have do is claim they’re loss making, simple as that! Sorry for being facetious but I’d like to think HMRC are a bit more switched on than that, if not then it’s no wonder the UK is close to bankruptcy! VS indeed got through COVID but as a result they’re now leveraged to the eyeballs, which will be weighing them down for decades.
Don’t get me wrong I’ve no desire to see VS go to the wall I've got many happy memories of travelling them to the States as a kid and don’t even think they necessarily will but my point was if you’ve got the choice between the two (and you have no time invested in either) then you go for the more stable option
every single time especially if, as you say, it gives you more career options into the bargain.
(Edited just to say imagining Delta as a white knight saviour here is tempting but it should also be remembered how much money they put into Virgin during COVID, the square root of sweet Fanny Adams)