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Virgin Atlantic

Old 13th Aug 2020, 09:27
  #581 (permalink)  
 
Join Date: Jan 2008
Location: Reading, UK
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Incorporated in 2015, so not a reaction to recent issues.
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Old 13th Aug 2020, 09:50
  #582 (permalink)  
 
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who said it was a reaction ?
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Old 13th Aug 2020, 11:07
  #583 (permalink)  
 
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Nobody did - just removing the risk that anyone might jump to that conclusion.
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Old 27th Aug 2020, 10:09
  #584 (permalink)  
 
Join Date: Aug 2007
Location: UK
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VS saved according to yesterday's Money Mail section of my fave newspaper. Ricky coughing up 200 mill of his "own" money and some other 125 mill of other investors money through very clever accounting and re-scheduling of loans etc. Job done and all back to previous levels of activity by 2023. Very pleasing in these challenging times. Take noet BA, it is as easy as that.

Last edited by Landflap; 27th Aug 2020 at 10:11. Reason: Typo
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Old 27th Aug 2020, 11:27
  #585 (permalink)  
 
Join Date: Nov 2006
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If only it is really that simple Landflap
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Old 27th Aug 2020, 13:36
  #586 (permalink)  
 
Join Date: Dec 2008
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Looks like the fleet is embarking on an adventure to Pakistan from December. That'll be nice.....
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Old 27th Aug 2020, 16:43
  #587 (permalink)  
 
Join Date: May 1999
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December is 14 weeks away.
Great that the DKCM deal has been approved for VS, unfortunately unless revenue picks up for all, a lot more of us will be squawking UB40 by then.
Not one legacy carrier is safe in the current environment.
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Old 27th Aug 2020, 17:17
  #588 (permalink)  
 
Join Date: Apr 2013
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Direct compo with BA as they've just announce LHR-Lahore. Whoever provides the better product will win the hearts and minds of the Pakistani community. I know most Pakistanis are fed up of PIA so it could work.
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Old 27th Aug 2020, 17:35
  #589 (permalink)  
 
Join Date: Apr 2005
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Especially as they can get a drink onboard!
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Old 27th Aug 2020, 17:45
  #590 (permalink)  
BBK
 
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macdo

Nicer than the dole queue!
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Old 27th Aug 2020, 22:51
  #591 (permalink)  
 
Join Date: Apr 2020
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PIA banned from European Airspace pending clearing up their licensing issues for crews.
A Turkish Carrier already has the contract with PIA to carry their passengers in and out of Pakistan and Europe through Turkey.
Itíll only be a temporary arrangement until things get smoothed out.
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Old 27th Aug 2020, 23:32
  #592 (permalink)  
 
Join Date: Dec 2008
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BBK

With a heavy heart I suppose I have to agree since I'm on the dole queue. But even if I saw this as means of staving off the UB40, I would still not be thrilled to be rostered to a destination where security is so very questionable. It is a sign of management desperation that they now find the unacceptable to be acceptable. Truly hope that it works out OK for V staff.
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Old 28th Aug 2020, 07:13
  #593 (permalink)  
 
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macdo sorry to hear about your situation. There are pretty secure areas/Hotels in Lahore with robust security arrangements. Once in the Hotel crews will stay inside either for security, or these days CV19 reasons. Nothing different from say Lagos. As for Pakistan go on you tube and look for a guy called Peter Santenello.
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Old 28th Aug 2020, 10:02
  #594 (permalink)  
AFA
 
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Location: UK
Posts: 106
What evidence do you have that previously Virgin management considered this route unacceptable due security concerns but are now so ‘desperate’ that they’re willing to compromise - as per your insinuation?
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Old 28th Aug 2020, 14:41
  #595 (permalink)  
 
Join Date: Dec 2008
Location: uk
Posts: 882
Perfectly reasonable question.
Virgin has been talking about running Pakistan flights since 2007, but hasn't done so, in spite of a growing year round demand for such flights from the UK. So, ignoring a growth market.
BA only resumed flights to Pakistan at the end of 2018 having earlier binned them for security concerns. Still Virgin didn't enter the market.
Virgin are naturally desperate to operate and start rebuilding from the effects of covid19. So they choose now to start a route to a country where the UK government still advises against non essential travel.
PIA is currently on a ban and using HiFly to fill in. Well, that is a reasonable opportunistic reason to start.
Whilst I am sure a risk assessment has been done, having crew on the ground in Pakistan carries more risk than it does for, say New York, even allowing for 'secure zone' hotac. Why would you send your aircraft and crew to a destination that needed secure accommodation unless you had to? Or have had to take a different view of the assessment for commercial reasons?
I am not on the BoD of Virgin, but I can join dots.
Do you have evidence to the contrary?
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Old 4th Sep 2020, 09:52
  #596 (permalink)  
 
Join Date: Apr 2020
Location: Rhones-Alpes
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Today's D Telegraph

Virgin Atlantic Airways is expected to slash another 1,000 jobs today as part of its £1.2bn rescue deal, as the airline sector continues to reel from the coronavirus pandemic.

.....................

The airline already axed 3,150 roles less than four months ago, as well as the closure of its Gatwick Airport base. The fresh cuts would mean that Virgin Atlantic’s pre-pandemic workforce level of around 10,000 staff has now halved.
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Old 4th Sep 2020, 12:29
  #597 (permalink)  
 
Join Date: May 1999
Location: Europe
Posts: 152
The £1.2B rescue package only yielded £370m in cash for the business.
Everyone needs significantly more revenue to survive, everyone, no exceptions.
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Old 4th Sep 2020, 13:02
  #598 (permalink)  
 
Join Date: Nov 2007
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1150, with room for another 600
to be made redundant

Last edited by there she blows; 4th Sep 2020 at 14:48.
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Old 6th Sep 2020, 12:30
  #599 (permalink)  
 
Join Date: Nov 1999
Location: UK
Posts: 285
Virgin have sold their training base near Gatwick, and will stay there until 2021, does anyone know what then? It’s quite a big operation to be moved if it includes SEP hall etc.

https://www.crawleyobserver.co.uk/bu...rawley-2961930
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Old 7th Sep 2020, 09:18
  #600 (permalink)  
 
Join Date: Oct 2002
Location: sussex
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Will probally relocate to the Heathrow area .They've got to make it to 2021 first.
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