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Search: Posts Made By: cashash
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Forum: Spectators Balcony (Spotters Corner)
25th Apr 2020, 21:54
Replies: 605
Views: 553,511
Posted By cashash

Seems that Branson has decided to sell after he...

Seems that Branson has decided to sell after he failed to get a loan from the Government.

Branson races to find Virgin Atlantic buyerSir Richard Branson has set a deadline of the end of May to...
Forum: Spectators Balcony (Spotters Corner)
24th Apr 2020, 13:44
Replies: 605
Views: 553,511
Posted By cashash

Why wouldnt it just be marketing? - after all I...

Why wouldnt it just be marketing? - after all I would have thought that most airlines have massive advertising budgets. Emirates seems to spend more on marketing around the globe than on actual...
Forum: Spectators Balcony (Spotters Corner)
23rd Apr 2020, 13:03
Replies: 605
Views: 553,511
Posted By cashash

I thought the slots had already been borrowed...

I thought the slots had already been borrowed against - if Virgin collapse the slots are gone.
Forum: Spectators Balcony (Spotters Corner)
21st Apr 2020, 18:15
Replies: 605
Views: 553,511
Posted By cashash

Unfortunately not..he is not proposing to use the...

Unfortunately not..he is not proposing to use the Island as collateral against a loan from the Government, only against loans from the private sector banks.



The billionaire later confirmed...
Forum: Spectators Balcony (Spotters Corner)
21st Apr 2020, 13:30
Replies: 605
Views: 553,511
Posted By cashash

I think the problem with nationalisation is that...

I think the problem with nationalisation is that it could then be seen as unfair competition to BA given that once nationalised its access to funding would be much easier and cheaper through the...
Forum: Spectators Balcony (Spotters Corner)
20th Apr 2020, 21:44
Replies: 605
Views: 553,511
Posted By cashash

Well I admire your optimism that Virgin will...

Well I admire your optimism that Virgin will never go bust, given the state of the industry its not a view I would ever share tbh. As regards your comment about demanding your house - I would just...
Forum: Spectators Balcony (Spotters Corner)
20th Apr 2020, 21:41
Replies: 605
Views: 553,511
Posted By cashash

I'm perfectly clear how finance works thanks. If...

I'm perfectly clear how finance works thanks. If foreign companies need to raise finance then they usually go to the financial sector or sell existing stock or issue new stock. Branson want to keep...
Forum: Spectators Balcony (Spotters Corner)
20th Apr 2020, 21:12
Replies: 605
Views: 553,511
Posted By cashash

That would be perfectly true if he were not...

That would be perfectly true if he were not seeking assistance from the UK taxpayer - as it is it is every taxpayers business how their taxes are spent.

Perhaps if he were offering the UK...
Forum: Spectators Balcony (Spotters Corner)
20th Apr 2020, 17:47
Replies: 605
Views: 553,511
Posted By cashash

I thought it was because easyjet are a UK...

I thought it was because easyjet are a UK registered company. If the Virgin Group Holdings Ltd want a similar deal then surely they should be approaching the Government of the British Virgin Islands...
Forum: Spectators Balcony (Spotters Corner)
20th Apr 2020, 17:17
Replies: 605
Views: 553,511
Posted By cashash

There are many foreign companies that have UK...

There are many foreign companies that have UK employees - should the UK taxpayer be bailing out United Airlines for example?




He could still choose to to be tax resident in the UK
Forum: Spectators Balcony (Spotters Corner)
20th Apr 2020, 17:14
Replies: 605
Views: 553,511
Posted By cashash

KL/AF deal fell through - it was mentioned...

KL/AF deal fell through - it was mentioned earlier in the thread.
Forum: Spectators Balcony (Spotters Corner)
20th Apr 2020, 13:53
Replies: 605
Views: 553,511
Posted By cashash

the holding company company for Virgin Atlantic...

the holding company company for Virgin Atlantic is based in a Caribbean tax haven
Forum: Spectators Balcony (Spotters Corner)
20th Apr 2020, 13:47
Replies: 605
Views: 553,511
Posted By cashash

But Branson doesn't. As the majority share holder...

But Branson doesn't. As the majority share holder any government aid to save his business is going to put money directly into his (offshore) pockets.
Forum: Spectators Balcony (Spotters Corner)
20th Apr 2020, 13:38
Replies: 605
Views: 553,511
Posted By cashash

I dont think the problem is with Necker as such -...

I dont think the problem is with Necker as such - just that it is a Caribbean tax haven and people who move their business to a Caribbean tax haven to avoid paying tax should not be eligible for...
Forum: Spectators Balcony (Spotters Corner)
8th Apr 2020, 14:19
Replies: 605
Views: 553,511
Posted By cashash

If P&O collapse and that will cause issues with...

If P&O collapse and that will cause issues with the distribution of food then the assets should be nationalised as a strategic industry for the UK. The UK taxpayer should certainly not be bailing out...
Forum: Spectators Balcony (Spotters Corner)
7th Apr 2020, 13:36
Replies: 605
Views: 553,511
Posted By cashash

And the Virgin Group is owned by Virgin Group...

And the Virgin Group is owned by Virgin Group Holdings Ltd, a private company who are based in a Carribbean tax haven with very opaque ownership. So I dont think anyone can say exactly how much...
Forum: Spectators Balcony (Spotters Corner)
23rd Mar 2020, 14:59
Replies: 605
Views: 553,511
Posted By cashash

What is preventing then getting finance from the...

What is preventing then getting finance from the markets is all they want is a loan?. They could get a commercial loan from the banks, issue bonds or even issue more shares.
Forum: Spectators Balcony (Spotters Corner)
19th Mar 2020, 23:17
Replies: 605
Views: 553,511
Posted By cashash

You can make that argument for any major listed...

You can make that argument for any major listed company. If nothing was allowed to fail then the Government would run out of money pretty soon. If Virgin goes out of business then when the upturn...
Showing results 1 to 18 of 18


 
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