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5th Aug 2020, 06:42
Replies: 600
Views: 490,040
Posted By Andy D

Yeh, but perhaps Virgin's PR team should have...

Yeh, but perhaps Virgin's PR team should have been ahead of the game and explained it better

There's a useful summary here...
1st Jul 2020, 17:54
Replies: 1,845
Views: 1,474,287
Posted By Andy D

A few years ago I was on about £100k I paid...

A few years ago I was on about £100k I paid something like £35k in tax and NI, which although it is a lot seems reasonable overall.

Going over the £100k mark, made me wonder whether I should drop...
1st Jul 2020, 09:29
Replies: 1,845
Views: 1,474,287
Posted By Andy D

It's not just the job description, skills and...

It's not just the job description, skills and qualifications are differentiators too

"Fair selection criteria

Fair reasons for selecting employees for redundancy include:

skills,...
29th Jun 2020, 15:47
Replies: 1,845
Views: 1,474,287
Posted By Andy D

Job roles are made redundant so if a fleet is...

Job roles are made redundant so if a fleet is retired e.g. 747, then BA can legally argue that the roles of the people who flew that fleet no longer exist. Barring contractual issues / collective...
18th Jun 2020, 18:11
Replies: 1,845
Views: 1,474,287
Posted By Andy D

Yup, Pay in Lieu of Notice (PILON) is taxable in...

Yup, Pay in Lieu of Notice (PILON) is taxable in the UK
14th May 2020, 17:39
Replies: 1,845
Views: 1,474,287
Posted By Andy D

From the legal opinion linked above, it's not...

From the legal opinion linked above, it's not clear that BA making redundancies is a case of unfair dismissal - the barrister's view is far more nuanced than that.

BA's already made use of CJRS,...
13th May 2020, 09:19
Replies: 600
Views: 490,040
Posted By Andy D

He only got $400m of that, which is a fair chunk...

He only got $400m of that, which is a fair chunk of money in normal times, not so sure about now!

"Virgin Investments owns 80.7 per cent of Vieco 10, the vehicle selling the stake, with the...
10th May 2020, 09:20
Replies: 600
Views: 490,040
Posted By Andy D

That airlines are going bust in the Government's...

That airlines are going bust in the Government's fault is a popular narrative around these parts.

But the reality is there's a collapse in demand, even if airlines could fly normally, passengers...
4th May 2020, 08:59
Replies: 799
Views: 645,833
Posted By Andy D

From the Financial Times… "Norwegian closes in on...

From the Financial Times… "Norwegian closes in on debt-for-equity pact to unlock state rescue"

Norwegian closes in on debt-for-equity pact to unlock state rescue | Financial Times...
30th Apr 2020, 09:58
Replies: 1,845
Views: 1,474,287
Posted By Andy D

In case anyone's interested there's an analysis...

In case anyone's interested there's an analysis from Lex in this morning's FT on how small the savings would actually be - BA job cuts: peanut analogy | Financial Times (http://archive.is/MUCj1)
...
27th Apr 2020, 08:49
Replies: 600
Views: 490,040
Posted By Andy D

Interestingly, the initial stage of licensing...

Interestingly, the initial stage of licensing seems to be run through a UK company – VAL TM Limited – and in the five financial years 2014–18 it received £61m in royalty payments from Virgin Atlantic...
26th Apr 2020, 09:49
Replies: 600
Views: 490,040
Posted By Andy D

Here’s a non-paywalled version if anyone needs it...

Here’s a non-paywalled version if anyone needs it

Branson races to find Virgin Atlantic buyer (http://archive.is/5rI1Z)
24th Apr 2020, 20:43
Replies: 600
Views: 490,040
Posted By Andy D

EasyJet spent £157m in 2019 on a turnover of...

EasyJet spent £157m in 2019 on a turnover of £6bn, and in 2018 BA spent £509m in 2018 on £13bn turnover.

So Virgin's £500m against a £2bn (ish) turnover looks high in comparison
22nd Apr 2020, 10:18
Replies: 600
Views: 490,040
Posted By Andy D

Not sure it's as straightforward as that… ...

Not sure it's as straightforward as that…

Given the timescales being suggested for air travel to recover it seems a proportion of that PAYE / NI (less staff needed), and APD (less passengers...
21st Apr 2020, 14:59
Replies: 600
Views: 490,040
Posted By Andy D

Can't see the chart without paying for it but...

Can't see the chart without paying for it but looks like it covers 2007-2014 so it misses some years of profitability and some years of losses
20th Apr 2020, 15:31
Replies: 600
Views: 490,040
Posted By Andy D

Virgin uses at least one of the techniques that...

Virgin uses at least one of the techniques that Apple, Amazon, Google et al use to avoid tax

Virgin brand is licensed by the Caribbean holding company to the various companies around the world,...
25th Mar 2020, 12:12
Replies: 600
Views: 490,040
Posted By Andy D

AFAIK BA and AF were first to introduce lie flat...

AFAIK BA and AF were first to introduce lie flat beds in F somewhere around 95/96, with Virgin introducing them in J in 1999

As for tax fraud, he started out by claiming to export records, getting...
15th Mar 2020, 21:41
Replies: 637
Views: 550,236
Posted By Andy D

But the article's author is a 'growth hacker' who...

But the article's author is a 'growth hacker' who has no relevant knowledge when it comes to disease and health so I'd be careful what you read into that

His bio "2 MSc in Engineering. Stanford...
6th Aug 2019, 12:57
Replies: 46
Views: 32,007
Posted By Andy D

Quite misleading really, several hours later he...

Quite misleading really, several hours later he posted:

"One has to wonder how safe the rest of the plane was. This was her seat. The lady was moved to a spare seat once the flight was fully...
8th Jan 2019, 14:29
Replies: 12
Views: 7,529
Posted By Andy D

Original article mentions FlyBe are taking over...

Original article mentions FlyBe are taking over BHX ops and staff so maybe the hanger too?
18th Oct 2018, 13:41
Replies: 21
Views: 8,972
Posted By Andy D

Gatwick's draft master plan -...

Gatwick's draft master plan - www.gatwickairport.com/globalassets/business--community/growing-gatwick/gatwick-draft-master-plan-final.pdf
1st Jun 2017, 10:07
Replies: 634
Views: 272,795
Posted By Andy D

Communication might have been crap but data...

Communication might have been crap but data centres do fail

Flying Squirrels and Unspun Gyros is a great 15 min talk by Mike Christian (then of Yahoo) about how they fail, and power issues are a...
15th Apr 2010, 13:17
Replies: 3,110
Views: 1,399,425
Posted By Andy D

You can find them here: EUMETSAT IPPS animation -...

You can find them here: EUMETSAT IPPS animation - Latest Images (http://oiswww.eumetsat.org/IPPS/html/latestImages.html)

Meteosat 0 degree, dust, Western Europe show it up the most
1st Apr 2010, 15:11
Replies: 2,265
Views: 303,049
Posted By Andy D

It seems the BBC's role as the Unite propaganda...

It seems the BBC's role as the Unite propaganda machine continues -
BBC News - British Airways strike's 'toxic' staff legacy (http://news.bbc.co.uk/1/hi/business/8597519.stm)

What about the...
1st Apr 2010, 08:43
Replies: 2,265
Views: 303,049
Posted By Andy D

I heard the BBC piece and was livid, it seams the...

I heard the BBC piece and was livid, it seams the BBC have just become the voice of Unite and the strikers and seem completely incapable of presenting both sides or even performing critical analysis...
Showing results 1 to 25 of 25


 
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