Government Loan to Virgin Australia
Amazing how many people on here using “tax payer dollars” instead of self interest and career progression as their reasons for which their tiny competitor should be deprived of help to continue trading.
Better off saying “can’t wait for them to collapse I’ll have a good chance of fast tracking my command that was stolen by those pesky JQ pilots”.
Just wait and see the low ball conditions that come in after Virgin and good luck seeing another payrise after that! Alan will get his barrel out for you then! Project Sunrise? More like project Sunset!
Children of Alan indeed, hating him one minute loving him the next.
Better off saying “can’t wait for them to collapse I’ll have a good chance of fast tracking my command that was stolen by those pesky JQ pilots”.
Just wait and see the low ball conditions that come in after Virgin and good luck seeing another payrise after that! Alan will get his barrel out for you then! Project Sunrise? More like project Sunset!
Children of Alan indeed, hating him one minute loving him the next.
Last edited by Berealgetreal; 6th Apr 2020 at 13:52.
Amazing how many people on here using “tax payer dollars” instead of self interest and career progression as their reasons for which their tiny competitor should be deprived of help to continue trading.
Better off saying “can’t wait for them to collapse I’ll have a good chance of fast tracking my command that was stolen by those pesky JQ pilots”.
Just wait and see the low ball conditions that come in after Virgin and good luck seeing another payrise after that! All will get his barrel out for you then! Project Sunrise? More like project Sunset!
Children of Alan indeed, hating him one minute loving him the next.
Better off saying “can’t wait for them to collapse I’ll have a good chance of fast tracking my command that was stolen by those pesky JQ pilots”.
Just wait and see the low ball conditions that come in after Virgin and good luck seeing another payrise after that! All will get his barrel out for you then! Project Sunrise? More like project Sunset!
Children of Alan indeed, hating him one minute loving him the next.
Nobody I work with, (not that I’m working anymore) has suggested anything that could even be remotely construed as pleasure or some sort of perverse satisfaction in what VA are currently enduring. Personally I think we will be there before too long as well.
I have a lot of dear friends across a lot of departments at VA and I call them every day to see how they are. They call me and offer the same support.
It’s horrible this whole thing has been turned into a VA vs QF thing. Personally I think it’s unnecessarily been portrayed that way, but with time and emotion has now become some sort of self sustaining force that has gotten out of control.
Anyhow, not that you seem prepared to listen to anybody from the evil galactic empire, but I extend to you and ALL of your colleagues nothing but positive thoughts and a desire to see all of us back at work
Amazing how many people on here using “tax payer dollars” instead of self interest and career progression as their reasons for which their tiny competitor should be deprived of help to continue trading.
Better off saying “can’t wait for them to collapse I’ll have a good chance of fast tracking my command that was stolen by those pesky JQ pilots”.
Just wait and see the low ball conditions that come in after Virgin and good luck seeing another payrise after that! All will get his barrel out for you then! Project Sunrise? More like project Sunset!
Children of Alan indeed, hating him one minute loving him the next.
Better off saying “can’t wait for them to collapse I’ll have a good chance of fast tracking my command that was stolen by those pesky JQ pilots”.
Just wait and see the low ball conditions that come in after Virgin and good luck seeing another payrise after that! All will get his barrel out for you then! Project Sunrise? More like project Sunset!
Children of Alan indeed, hating him one minute loving him the next.
Im with QF. No-one, and I repeat, no-one that I know in QF wants Virgin to fail; we all have mates in Virgin. Everyone I know is just trying to get by and make sense of this stand-down situation. To suggest that some of us are seeing this whole situation as an opportunity for “fast tracking command” is ludicrous.
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What crap....
Im with QF. No-one, and I repeat, no-one that I know in QF wants Virgin to fail; we all have mates in Virgin. Everyone I know is just trying to get by and make sense of this stand-down situation. To suggest that some of us are seeing this whole situation as an opportunity for “fast tracking command” is ludicrous.
Im with QF. No-one, and I repeat, no-one that I know in QF wants Virgin to fail; we all have mates in Virgin. Everyone I know is just trying to get by and make sense of this stand-down situation. To suggest that some of us are seeing this whole situation as an opportunity for “fast tracking command” is ludicrous.
BRITISH TURN ON RICHARD BRANSON OVER FAILURE TO HELP STAFF
written by Dylan Nicholson March 20, 2020Sir Richard Branson is facing a mounting backlash in his home country over his decision to order Virgin Atlantic staff to take eight weeks of unpaid leave and then ask for a government bailout.MPs and the press have attacked the British Virgin Group founder, estimated to be worth £11.2 billion, for not spending his personal fortune to help employees.
“Eight weeks at the £94 statutory sick pay would cost £754 per employee. There are 8,571 employees in Virgin Airlines. If all of them took eight weeks unpaid leave that would be a cost of £6.4 million."
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BRITISH TURN ON RICHARD BRANSON OVER FAILURE TO HELP STAFF
written by Dylan Nicholson March 20, 2020Sir Richard Branson is facing a mounting backlash in his home country over his decision to order Virgin Atlantic staff to take eight weeks of unpaid leave and then ask for a government bailout.MPs and the press have attacked the British Virgin Group founder, estimated to be worth £11.2 billion, for not spending his personal fortune to help employees.
“Eight weeks at the £94 statutory sick pay would cost £754 per employee. There are 8,571 employees in Virgin Airlines. If all of them took eight weeks unpaid leave that would be a cost of £6.4 million."
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It's sad but it looks like VAs days are numbered, with new beginnings comes new opportunities and ways of looking st things. As a regular passenger (and one time pilot) I'd actually love to see this downtime in the industry to fast track the removal of restrictions on AU/NZ borders, allowing seamless transition between countries from domestic terminals. This allows both ANZ and QF to compete truly and fairly across both countries, and may just allow both carriers to survive domestically in the new post-Covid world.
He was once famous for saying “look after your employees and they will look after your business”
If there was ever a time to live by your words this would be it.
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Just wait and see the low ball conditions that come in after Virgin and good luck seeing another payrise after that! Alan will get his barrel out for you then! Project Sunrise? More like project Sunset!
Children of Alan indeed, hating him one minute loving him the next.
But.. I’ll call a spade a spade. It was DJ that, along with Impulse started the pilot race to the bottom in this country. Bit rich to suggest they are now the buttress against low pay...
Propping up failing businesses is a road to nowhere. Please look at the Australian car manufacturing industry and the outcome of hundreds of millions spent on them. VA losses are gigantic by any measure. They can not keep using a credit card to survive. Sooner or later you reach the limit and then in their case demand another card...
There will be another airline in Australia. Upgrade Alliances AOC and put some B737's on it and voila..[QF sells their bit in this case]
There will be another airline in Australia. Upgrade Alliances AOC and put some B737's on it and voila..[QF sells their bit in this case]
We kind of have the reverse here now because with the airlines, we don't subsidise them (except for some regional routes that wouldn't be offered by anyone otherwise) but every other damn country that has harangued successive Australian Governments into liberalising aviation has RETAINED ownership control of its airlines so they were full of crap and before anyone declares open skies and letting SQ in, yeh, of course SQ pushes that barrow because they come from an Island the size of a postage stamp and have no domestic network to use as a base so they want to go around and cannibalise everyone else's market and cry 'free trade'. It would be a different song if they were on a large land mass with a big domestic network.
The guys in Singapore, Vietnam or Japan won’t have choice. No Union No Choice.
Jetstar Asia will probably slash Pilot Remuneration considerably. Expect 10 or 20% cuts. Tiger Singapore did this about a decade ago, didn’t go down well, but the industry didn’t crash, just high fuel prices. As the market was relatively stable and big twin jobs were available, they lost half the captains almost instantly.
Back then, you cut pilot wages and everyone walked and went to Qatar or Emirates. Management will be well aware that there isn’t many jobs for those to escape to now, so the wider group will just have to suck it up.
I have been talking to many who say they hope their company will ask for Voluntary Redundancies, as they are 2-3 years away from retiring, but it’s going to be a slow and miserable last few years of the career, so take the cash and run.
Obviously they can’t chop and change current agreements here as such, but I imagine it would be more culling, than attempting to change conditions. Eg. Jetstar entire 787 fleet parked, sold and pilots made redundant. The long haul leisure market is the pain point, Air Asia X is probably finished. They could barely pay their leases last month according to some reports. Scoot will be the long term survivor, although I might be nervous if I was on the 787 there.
Jetstar Asia will probably slash Pilot Remuneration considerably. Expect 10 or 20% cuts. Tiger Singapore did this about a decade ago, didn’t go down well, but the industry didn’t crash, just high fuel prices. As the market was relatively stable and big twin jobs were available, they lost half the captains almost instantly.
Back then, you cut pilot wages and everyone walked and went to Qatar or Emirates. Management will be well aware that there isn’t many jobs for those to escape to now, so the wider group will just have to suck it up.
I have been talking to many who say they hope their company will ask for Voluntary Redundancies, as they are 2-3 years away from retiring, but it’s going to be a slow and miserable last few years of the career, so take the cash and run.
Obviously they can’t chop and change current agreements here as such, but I imagine it would be more culling, than attempting to change conditions. Eg. Jetstar entire 787 fleet parked, sold and pilots made redundant. The long haul leisure market is the pain point, Air Asia X is probably finished. They could barely pay their leases last month according to some reports. Scoot will be the long term survivor, although I might be nervous if I was on the 787 there.
Of course, the problem will be who will want to buy the A330s and A380s. This could offer the opportunity for a post-Covid write-down of their value and some tax breaks.
- Complaining to the ACCC for statements made by Qantas suggesting they don't have enough cash and insisting that they have $1Bn available and can weather the storm;
- If that's true then why, within days of basically saying everything's hunky-dory why would it be necessary, without warning, to make Tiger's entire pilot group redundant?;
- Not even a week after the initial complaint about Qantas' comments, insists they need $1.4Bn from the Government to keep afloat - so, in other words, Qantas was correct? (the defence for any alleged damage via words is truth);
- Now, so desperately short of cash and dying in a ditch without $1.4Bn from the government, they run FULL PAGE COLOUR Ads in major newspapers??? Not a good look when you're crying poor.
Putting the debate about whether or not to save it (VA) aside, at the very least, they score a 2/10 for professionalism in the mixed messages and contradictions of the last week alone.
Yes, weasel word titles and too many 'specialists' and 'advisers' that are neither in practice and contribute little other than ensuring the standard weasel words are worked into every meeting.
Almost as stupid as the title ‘specialist’. Safety specialist, Training specialist, Market, Brand and Research specialist, Alliance specialist and so the nauseating list went on.......
What a load of fluffy wank and one of the reason they were in the **** financially - too many overrated, unnecessary or excess positions that did SFA. The Viallge Idiots and executive tossers fostered this stupid culture where mates were rewarded with ‘specialist’ roles and titles and paid to do jobs that were not necessary for the organisation. Far too many layers at VA.
What a load of fluffy wank and one of the reason they were in the **** financially - too many overrated, unnecessary or excess positions that did SFA. The Viallge Idiots and executive tossers fostered this stupid culture where mates were rewarded with ‘specialist’ roles and titles and paid to do jobs that were not necessary for the organisation. Far too many layers at VA.
They have demonstrated an interest three times in as many decades, and each failed. They are smart enough to say nothing, do nothing and leave it that. They have just been bailed out again are making redundancies. Any desire for a fourth attempt will be tempered by the means to do so.
I would rather see VA continue and return as a simpler version of itself, which is where I think they were trying to head under thier new leadership.
I would rather see VA continue and return as a simpler version of itself, which is where I think they were trying to head under thier new leadership.
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Interesting comments about Branson .... he is the smallest shareholder in Virgin Atlantic, Delta and KLM-Air France own 80%. He is also the smallest shareholder in Virgin Australia. He is very good at selling his brand, but not a major player in aviation anymore.
Source: https://www.ft.com/content/0a67e5f4-...3-6303645ac406