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Virgin Atlantic

Old 6th May 2020, 11:56
  #421 (permalink)  
 
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Originally Posted by flyerguy View Post
They have stated that the 332s wonít be leaving until 2022. So itís possible A/C 35 and 36 may be 2x A332s
Just to muddy the water slightly - wasnít the A350 order for 12 aircraft in total?
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Old 6th May 2020, 11:58
  #422 (permalink)  
 
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Originally Posted by Curious Pax View Post
Just to muddy the water slightly - wasnít the A350 order for 12 aircraft in total?
Currently still 12. Might just be that there not all due in before or during 2021. Another point is that the A330neo is due to start arriving in 2021 so that maybe a 1 in 1 out situation between the neo and the -300.
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Old 6th May 2020, 14:21
  #423 (permalink)  
 
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Originally Posted by rog747 View Post
The four A330's retiring in 2022 I guess will be the ex LTU -200 ones? They do not have RR engines.
Virgin have just completed a nice cabin refurb on them although they are getting elderly as an air frame.
They were reported to be on 4 year leases when it was first announced they were joining the fleet, so this is confirming they will leave the fleet when the leases expire.
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Old 9th May 2020, 12:04
  #424 (permalink)  
 
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https://news.sky.com/story/coronavir...funds-11985678
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Old 9th May 2020, 13:24
  #425 (permalink)  
 
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Was always to be expected, as the article says, itís a requirement for them to do it.

Would be interesting to see Deltas reaction as Iím sure they donít want there shared to be worth zero.
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Old 9th May 2020, 14:05
  #426 (permalink)  
 
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SRB has put on the market a large stake (up to 50%) of his stock in Virgin Galactica - Up to $1bn could be raised.
This would free up cash to inject into VS

and potentially also help stricken Virgin Australia which has $1.2bn of debt (Virgin group has a 10% share in VA)
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Old 9th May 2020, 14:37
  #427 (permalink)  
 
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These continuing leaks out of the Government to Sky News are a total disgrace. Thomas Cook, then Flybe, now Virgin Atlantic all seeing sensitive stuff leaked to Sky News. Itís about time someone in Government got a grip of this.
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Old 9th May 2020, 15:14
  #428 (permalink)  
 
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G VGBR positioned LHR - DSA just now, followed by G VSXY
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Old 9th May 2020, 15:27
  #429 (permalink)  
 
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Originally Posted by Albert Hall View Post
These continuing leaks out of the Government to Sky News are a total disgrace. Thomas Cook, then Flybe, now Virgin Atlantic all seeing sensitive stuff leaked to Sky News. Itís about time someone in Government got a grip of this.
Given the leak doesnít involve the Government how do you know thatís the source? Mark Kleinman is a great journalist and has brilliant sources throughout the city. Itís more likely the company appointed is the source of the leak to him.
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Old 9th May 2020, 15:33
  #430 (permalink)  
 
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Originally Posted by ericlday View Post
G VGBR positioned LHR - DSA just now, followed by G VSXY
G-VSXY overflying my house about 15 minutes ago at 7000 feet


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Old 9th May 2020, 15:33
  #431 (permalink)  
 
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Common knowledge in the City as to where the leak is. As I say, itís high time the Government did something about it.
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Old 9th May 2020, 15:44
  #432 (permalink)  
zfw
 
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Whats the reasoning behind all these movements in the last week B747s to Man and now these to DSA.?
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Old 9th May 2020, 16:05
  #433 (permalink)  
 
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LHR charges

Originally Posted by zfw View Post
Whats the reasoning behind all these movements in the last week B747s to Man and now these to DSA.?
LHR parking charges are increasing from Monday
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Old 9th May 2020, 16:17
  #434 (permalink)  
zfw
 
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Originally Posted by BHX5DME View Post
LHR parking charges are increasing from Monday
Ah Thanks.
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Old 11th May 2020, 18:11
  #435 (permalink)  
 
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Branson to sell Galactic stake to prop up Virgin
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Old 11th May 2020, 19:58
  #436 (permalink)  
 
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Should that read trying to sell ....?
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Old 11th May 2020, 20:10
  #437 (permalink)  
 
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Originally Posted by GROUNDHOG View Post
Should that read trying to sell ....?
As I understand it, a deal is being finalised and not likely to fall through.

We can be certain that VS is being thrown another lifeline here.
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Old 11th May 2020, 21:15
  #438 (permalink)  
Paxing All Over The World
 
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Glad to hear it. Whether you like VS or not - we need competition in the UK long haul market.
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Old 11th May 2020, 21:49
  #439 (permalink)  
 
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Originally Posted by PAXboy View Post
Glad to hear it. Whether you like VS or not - we need competition in the UK long haul market.
Well even if VS collapse you will still have competition - from American, Delta, Emirates, Lufthansa...etc. etc.
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Old 11th May 2020, 22:20
  #440 (permalink)  
 
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Beardy must be desperate! He should have done this a month ago! I wonder what value his 'fire sale' of shares will raise? A lot less than it might have done? I guess his rating in the eyes of the British public and the fact that he was hoping for a huge bail out, that did not occur, has induced this desperate measure?
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