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Forum: Spectators Balcony (Spotters Corner)

25th Apr 2020, 07:22

Replies: 605

Virgin Atlantic

Views: 553,512

Posted By touch&go

Seems that you need to be viable or have a good...

Seems that you need to be viable or have a good credit rating to get government loans which you could argue is right to protect tax payers money.

This is from todays Telegraph:-

Mike Ashley's...

Forum: Spectators Balcony (Spotters Corner)

21st Apr 2020, 08:00

Replies: 605

Virgin Atlantic

Views: 553,512

Posted By touch&go

The problem is how Branson has constructed the...

The problem is how Branson has constructed the company that has resulted in little cash and no assets for a rainy day, the article in today’s Telegraph gave some insight to this, the company has no...

Forum: Spectators Balcony (Spotters Corner)

3rd Apr 2020, 09:01

Replies: 605

Virgin Atlantic

Views: 553,512

Posted By touch&go

So how much money does Virgin need that is an...

So how much money does Virgin need that is an impossible question to answer, revenue has gone, summer trade won't happen and winter in normal times is lean so they will need cash to survive for one...

Forum: Spectators Balcony (Spotters Corner)

17th Mar 2020, 07:29

Replies: 605

Virgin Atlantic

Views: 553,512

Posted By touch&go

The KLM/AirFrance deal didn't happen so he still...

The KLM/AirFrance deal didn't happen so he still own 51%, having Branson as an owner at the moment is probably a liability as the UK tax payer won't be happy about giving a billionaire tax payer cash...

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