Latest news  channel 7

Virgin Airlines has collapsed due to the Coronavirus.

Administrators have been appointed.

Yes because scumo didn't want to pay goat beard Bransom his 15 million dollar a year pound of flesh to use the silly Virgin name and rightfully so. Also Virgin is majority foreign owned and we do not need another repeat of the Ford and Holden rent-a-job fiasco !!

Sir lastnail wrote on Apr 20^th, 2020 at 6:35pm:

Yes because scumo didn't want to pay goat beard Bransom his 15 million dollar a year pound of flesh to use the silly Virgin name and rightfully so. Also Virgin is majority foreign owned and we do not need another repeat of the Ford and Holden rent-a-job fiasco !!

If The Govt. bails out Virgin then they have to bail
out 10,s of 1000s of other businesses.

Bobby. wrote on Apr 20^th, 2020 at 6:47pm:

Sir lastnail wrote on Apr 20th, 2020 at 6:35pm: Yes because scumo didn't want to pay goat beard Bransom his 15 million dollar a year pound of flesh to use the silly Virgin name and rightfully so. Also Virgin is majority foreign owned and we do not need another repeat of the Ford and Holden rent-a-job fiasco !! If The Govt. bails out Virgin then they have to bail out 10,s of 1000s of other businesses.

Yes and they should only be if they are at least 90% Australian owned !

Lets face it they are not even bailing out foreign students and telling them to go home ! Why should it be different for foreign owned businesses ??

Get ready to be ass raped by Qantas.

greggerypeccary wrote on Apr 20^th, 2020 at 6:53pm:

Get ready to be ass raped by Qantas.

Qantas will double or even triple their air fares.

Bobby. wrote on Apr 20^th, 2020 at 6:55pm:

greggerypeccary wrote on Apr 20th, 2020 at 6:53pm: Get ready to be ass raped by Qantas. Qantas will double or even triple their air fares.

Sure will.

No more $270 fares from Perth to Melbourne.

It'll be more like $500 one way, and about $700 one way to Sydney.

The Govt should give them money in exchange for equity.
Virgin was well on the mend after their rebrand.

I heard calculations that if Virgin folds, QaintArse will increase fares to the extent it will cost the tourism industry 50b over 10 years.

greggerypeccary wrote on Apr 20^th, 2020 at 6:57pm:

Bobby. wrote on Apr 20th, 2020 at 6:55pm: greggerypeccary wrote on Apr 20th, 2020 at 6:53pm: Get ready to be ass raped by Qantas. Qantas will double or even triple their air fares. Sure will. No more $270 fares from Perth to Melbourne. It'll be more like $500 one way, and about $700 one way to Sydney.

Try $2,000  return to Sydney.

Is Joyce a top ?

---

Bobby. wrote on Apr 20^th, 2020 at 6:58pm:

greggerypeccary wrote on Apr 20th, 2020 at 6:57pm: Bobby. wrote on Apr 20th, 2020 at 6:55pm: greggerypeccary wrote on Apr 20th, 2020 at 6:53pm: Get ready to be ass raped by Qantas. Qantas will double or even triple their air fares. Sure will. No more $270 fares from Perth to Melbourne. It'll be more like $500 one way, and about $700 one way to Sydney. Try $2,000  return to Sydney.

I'm talking the cheapest fares available.

I used to be able to get $269 to Melbourne, and $349 to Sydney (one way).

Those days are long gone.

Should have bailed them out in exchange for equity.

John Smith wrote on Apr 20^th, 2020 at 7:01pm:

Should have bailed them out in exchange for equity.

The Govt may still, prob best to see if a private investor wants to step in first.

Gordon wrote on Apr 20^th, 2020 at 7:02pm:

John Smith wrote on Apr 20th, 2020 at 7:01pm: Should have bailed them out in exchange for equity. The Govt may still, prob best to see if a private investor wants to step in first.

Maybe the Chinese will buy them out?

Gordon wrote on Apr 20^th, 2020 at 7:02pm:

John Smith wrote on Apr 20th, 2020 at 7:01pm: Should have bailed them out in exchange for equity. The Govt may still, prob best to see if a private investor wants to step in first.

New Zealand airways? Look what they did with Ansett ::)

John Smith wrote on Apr 20^th, 2020 at 7:03pm:

Gordon wrote on Apr 20th, 2020 at 7:02pm: John Smith wrote on Apr 20th, 2020 at 7:01pm: Should have bailed them out in exchange for equity. The Govt may still, prob best to see if a private investor wants to step in first. New Zealand airways? Look what they did with Ansett ::)

No - how about:

https://www.webjet.com.au/airlines/china-airlines/


https://www.webjet.com.au/site/images/ChinaAirlines_363114.jpg

John Smith wrote on Apr 20^th, 2020 at 7:03pm:

Gordon wrote on Apr 20th, 2020 at 7:02pm: John Smith wrote on Apr 20th, 2020 at 7:01pm: Should have bailed them out in exchange for equity. The Govt may still, prob best to see if a private investor wants to step in first. New Zealand airways? Look what they did with Ansett ::)

All well run airlines will be burning their cash reserves fast. 
Bad ones will go under. Not much spare cash to go around.
Maybe Singapore ?

I hope the Govt steps in, Virgin is a decent company.
Take an equity stake and a deal for more onshore maintenance

Gordon wrote on Apr 20^th, 2020 at 7:08pm:

John Smith wrote on Apr 20th, 2020 at 7:03pm: Gordon wrote on Apr 20th, 2020 at 7:02pm: John Smith wrote on Apr 20th, 2020 at 7:01pm: Should have bailed them out in exchange for equity. The Govt may still, prob best to see if a private investor wants to step in first. New Zealand airways? Look what they did with Ansett ::) All well run airlines will be burning their cash reserves fast.  Bad ones will go under. Not much spare cash to go around. Maybe Singapore ? I hope the Govt steps in, Virgin is a decent company. Take an equity stake and a deal for more onshore maintenance

Virgin Airlines is run by a bearded, pot smoking, hippy.

Sir lastnail wrote on Apr 20^th, 2020 at 6:35pm:

Yes because scumo didn't want to pay goat beard Bransom his 15 million dollar a year pound of flesh to use the silly Virgin name and rightfully so. Also Virgin is majority foreign owned and we do not need another repeat of the Ford and Holden rent-a-job fiasco !!

Virgin Australia is 100% foreign owned.

40% is  2 Chinese companies at 20% each.

Bransons Virgin own only 10%.

The rest is -

Etihad Airways 21%

Singapore Airlines 20%

Free Float is 9%

What we don't need is Virgin Australia to become 90-100% Chinese owned.

Bobby. wrote on Apr 20^th, 2020 at 7:09pm:

Gordon wrote on Apr 20th, 2020 at 7:08pm: John Smith wrote on Apr 20th, 2020 at 7:03pm: Gordon wrote on Apr 20th, 2020 at 7:02pm: John Smith wrote on Apr 20th, 2020 at 7:01pm: Should have bailed them out in exchange for equity. The Govt may still, prob best to see if a private investor wants to step in first. New Zealand airways? Look what they did with Ansett ::) All well run airlines will be burning their cash reserves fast.  Bad ones will go under. Not much spare cash to go around. Maybe Singapore ? I hope the Govt steps in, Virgin is a decent company. Take an equity stake and a deal for more onshore maintenance Virgin Airlines is run by a bearded, pot smoking, hippy.

As opposed to

---

Bobby. wrote on Apr 20^th, 2020 at 7:03pm:

Gordon wrote on Apr 20th, 2020 at 7:02pm: John Smith wrote on Apr 20th, 2020 at 7:01pm: Should have bailed them out in exchange for equity. The Govt may still, prob best to see if a private investor wants to step in first. Maybe the Chinese will buy them out?

That's the rumour ....  but that's not what we want.

They already have a 40% share.

Gnads wrote on Apr 20^th, 2020 at 7:13pm:

Bobby. wrote on Apr 20th, 2020 at 7:03pm: Gordon wrote on Apr 20th, 2020 at 7:02pm: John Smith wrote on Apr 20th, 2020 at 7:01pm: Should have bailed them out in exchange for equity. The Govt may still, prob best to see if a private investor wants to step in first. Maybe the Chinese will buy them out? That's the rumour ....  but that's not what we want. They already have a 40% share.

China will buy up a lot of Australian companies
after the pandemic they caused -

and they will buy it all up cheap!

Bobby. wrote on Apr 20^th, 2020 at 7:09pm:

Gordon wrote on Apr 20th, 2020 at 7:08pm: John Smith wrote on Apr 20th, 2020 at 7:03pm: Gordon wrote on Apr 20th, 2020 at 7:02pm: John Smith wrote on Apr 20th, 2020 at 7:01pm: Should have bailed them out in exchange for equity. The Govt may still, prob best to see if a private investor wants to step in first. New Zealand airways? Look what they did with Ansett ::) All well run airlines will be burning their cash reserves fast.  Bad ones will go under. Not much spare cash to go around. Maybe Singapore ? I hope the Govt steps in, Virgin is a decent company. Take an equity stake and a deal for more onshore maintenance Virgin Airlines is run by a bearded, pot smoking, hippy.

Virgin Australia is not run by Branson. Fool.

Sh1t airline anyway, I flew them once, they charged me $5 for a bottle of water.  They were no cheaper than any other airline .

Bobby. wrote on Apr 20^th, 2020 at 7:14pm:

Gnads wrote on Apr 20th, 2020 at 7:13pm: Bobby. wrote on Apr 20th, 2020 at 7:03pm: Gordon wrote on Apr 20th, 2020 at 7:02pm: John Smith wrote on Apr 20th, 2020 at 7:01pm: Should have bailed them out in exchange for equity. The Govt may still, prob best to see if a private investor wants to step in first. Maybe the Chinese will buy them out? That's the rumour ....  but that's not what we want. They already have a 40% share. China will buy up a lot of Australian companies after the pandemic they caused - and they will buy it all up cheap!

Only if they are let.  ::)

Bring back Compass.

https://www.timetableimages.com/i-bc/compass2.jpg

Australia will have another Airline exploit the niche left by Virgin. Just another brand that didn't cost Australian Taxpayers a bail-out fortune.

Jobs? Well, I guess Australia is good enough to make its own new businesses that are more Essential and more efficient to the new future ahead where Economic crashes might be common.

Jasin wrote on Apr 20^th, 2020 at 7:21pm:

Australia will have another Airline exploit the niche left by Virgin. Just another brand that didn't cost Australian Taxpayers a bail-out fortune. Jobs? Well, I guess Australia is good enough to make its own new businesses that are more Essential and more efficient to the new future ahead where Economic crashes might be common.

I wonder if it will be China Airlines?

Bobby. wrote on Apr 20^th, 2020 at 7:30pm:

Jasin wrote on Apr 20th, 2020 at 7:21pm: Australia will have another Airline exploit the niche left by Virgin. Just another brand that didn't cost Australian Taxpayers a bail-out fortune. Jobs? Well, I guess Australia is good enough to make its own new businesses that are more Essential and more efficient to the new future ahead where Economic crashes might be common. I wonder if it will be China Airlines?

Sister company, Corona Air.

Gordon wrote on Apr 20^th, 2020 at 7:32pm:

Bobby. wrote on Apr 20th, 2020 at 7:30pm: Jasin wrote on Apr 20th, 2020 at 7:21pm: Australia will have another Airline exploit the niche left by Virgin. Just another brand that didn't cost Australian Taxpayers a bail-out fortune. Jobs? Well, I guess Australia is good enough to make its own new businesses that are more Essential and more efficient to the new future ahead where Economic crashes might be common. I wonder if it will be China Airlines? Sister company, Corona Air.

Corona Airlines.   ;D

Bobby. wrote on Apr 20^th, 2020 at 7:34pm:

Gordon wrote on Apr 20th, 2020 at 7:32pm: Bobby. wrote on Apr 20th, 2020 at 7:30pm: Jasin wrote on Apr 20th, 2020 at 7:21pm: Australia will have another Airline exploit the niche left by Virgin. Just another brand that didn't cost Australian Taxpayers a bail-out fortune. Jobs? Well, I guess Australia is good enough to make its own new businesses that are more Essential and more efficient to the new future ahead where Economic crashes might be common. I wonder if it will be China Airlines? Sister company, Corona Air. Corona Airlines.   ;D

In case of a loss of cabin pressure please put on your ventilator.

Muslims will buy it and think they're in heaven.

Gnads wrote on Apr 20^th, 2020 at 7:10pm:

Sir lastnail wrote on Apr 20th, 2020 at 6:35pm: Yes because scumo didn't want to pay goat beard Bransom his 15 million dollar a year pound of flesh to use the silly Virgin name and rightfully so. Also Virgin is majority foreign owned and we do not need another repeat of the Ford and Holden rent-a-job fiasco !! Virgin Australia is 100% foreign owned. 40% is  2 Chinese companies at 20% each. Bransons Virgin own only 10%. The rest is - Etihad Airways 21% Singapore Airlines 20% Free Float is 9% What we don't need is Virgin Australia to become 90-100% Chinese owned.

Etihad and Singapore are foreign government airlines who own 41% of VA.

Why should taxpayers prop up a foreign owned company?

Might be a good time to buy shares in Qantas when we get on top of this Kung Flu

Gordon wrote on Apr 20^th, 2020 at 7:08pm:

John Smith wrote on Apr 20th, 2020 at 7:03pm: Gordon wrote on Apr 20th, 2020 at 7:02pm: John Smith wrote on Apr 20th, 2020 at 7:01pm: Should have bailed them out in exchange for equity. The Govt may still, prob best to see if a private investor wants to step in first. New Zealand airways? Look what they did with Ansett ::) All well run airlines will be burning their cash reserves fast.  Bad ones will go under. Not much spare cash to go around. Maybe Singapore ? I hope the Govt steps in, Virgin is a decent company. Take an equity stake and a deal for more onshore maintenance

Scotty from Marketing needs to get onto this ASAP.

Without Virgin, tourism is gonna suffer badly.

Virgin Australia, where the bloody hell are ya?

Tourism is not an Essential dickwad.
Who the bloody hell cares!?  ::)

Jasin wrote on Apr 20^th, 2020 at 8:10pm:

Tourism is not an Essential dickwad. Who the bloody hell cares!?  ::)

Sure.

And $63 billion worth of domestic tourism isn't essential either.

It's nice though.

Jasin wrote on Apr 20^th, 2020 at 8:10pm:

Tourism is not an Essential dickwad. Who the bloody hell cares!?  ::)

Tourism makes up a huge amount of our economy.

The problem is that we might not have any tourists for 2 years or more.

greggerypeccary wrote on Apr 20^th, 2020 at 8:13pm:

Jasin wrote on Apr 20th, 2020 at 8:10pm: Tourism is not an Essential dickwad. Who the bloody hell cares!?  ::) Sure. And $63 billion worth of domestic tourism isn't essential either. It's nice though.

Long reaching (Spreading) Tourism will not be high on the list of Priorities to open up, even Domestically.
Get your finger out of your nose when you  type. ::)

Bobby. wrote on Apr 20^th, 2020 at 8:15pm:

Jasin wrote on Apr 20th, 2020 at 8:10pm: Tourism is not an Essential dickwad. Who the bloody hell cares!?  ::) Tourism makes up a huge amount of our economy. The problem is that we might not have any tourists for 2 years or more.

Domestic tourism is worth $63 billion a year.

If Virgin isn't saved, that figure will probably become $6 million.

greggerypeccary wrote on Apr 20^th, 2020 at 8:17pm:

Bobby. wrote on Apr 20th, 2020 at 8:15pm: Jasin wrote on Apr 20th, 2020 at 8:10pm: Tourism is not an Essential dickwad. Who the bloody hell cares!?  ::) Tourism makes up a huge amount of our economy. The problem is that we might not have any tourists for 2 years or more. Domestic tourism is worth $63 billion a year. If Virgin isn't saved, that figure will probably become $6 million.

We can't have tourism until there's a working vaccine.

They will be saved without a doubt!

By who is the question?

Jasin wrote on Apr 20^th, 2020 at 8:16pm:

greggerypeccary wrote on Apr 20th, 2020 at 8:13pm: Jasin wrote on Apr 20th, 2020 at 8:10pm: Tourism is not an Essential dickwad. Who the bloody hell cares!?  ::) Sure. And $63 billion worth of domestic tourism isn't essential either. It's nice though. Long reaching (Spreading) Tourism will not be high on the list of Priorities to open up, even Domestically. Get your finger out of your nose when you  type. ::)

Your ignorance is truly astounding.

Domestic tourism will be extremely high on the list of priorities once we get back to something resembling "normal".

People will want to stretch their legs.

If there's only one airline operating, they'll double their pre-covid prices.

Triple, even.

That will discourage a lot of people, and people who rely on the tourist dollar will continue to suffer.

Scotty from Marketing needs to do something, and he needs to act fast.

Pecca doesn't want FD & Gordo on the Beaches.
But he wants mass domestic Tourism up and running.
The guy talks from his butt.

Bobby. wrote on Apr 20^th, 2020 at 8:27pm:

greggerypeccary wrote on Apr 20th, 2020 at 8:17pm: Bobby. wrote on Apr 20th, 2020 at 8:15pm: Jasin wrote on Apr 20th, 2020 at 8:10pm: Tourism is not an Essential dickwad. Who the bloody hell cares!?  ::) Tourism makes up a huge amount of our economy. The problem is that we might not have any tourists for 2 years or more. Domestic tourism is worth $63 billion a year. If Virgin isn't saved, that figure will probably become $6 million. We can't have tourism until there's a working vaccine.

Domestic tourism, Bobby.

Domestic tourism will open up again in the next couple of months.

But, if Qantas are raping our arses, people aren't gonna travel.

Scotty from Marketing needs to act, and he needs to act now.

Jasin wrote on Apr 20^th, 2020 at 8:29pm:

Pecca doesn't want FD & Gordo on the Beaches. But he wants mass domestic Tourism up and running. The guy talks from his butt.

Not today, you brain dead idiot.

When things start to return to "normal".

I don't want anyone travelling interstate at the moment.

Take a sleeping tablet, or 30, and go to bed.

The adults are talking now.

Redmond Neck wrote on Apr 20^th, 2020 at 8:27pm:

They will be saved without a doubt! By who is the question?

Branson, Etihad and Singapore Airlines own over half of it, if they want to save it they should pay for it.

ScoMo should not bail out this foreign owned company with taxpayers money.

Qantas shares will probably go lower might be a good time to buy some when state borders are opened again.

greggerypeccary wrote on Apr 20^th, 2020 at 8:31pm:

Bobby. wrote on Apr 20th, 2020 at 8:27pm: greggerypeccary wrote on Apr 20th, 2020 at 8:17pm: Bobby. wrote on Apr 20th, 2020 at 8:15pm: Jasin wrote on Apr 20th, 2020 at 8:10pm: Tourism is not an Essential dickwad. Who the bloody hell cares!?  ::) Tourism makes up a huge amount of our economy. The problem is that we might not have any tourists for 2 years or more. Domestic tourism is worth $63 billion a year. If Virgin isn't saved, that figure will probably become $6 million. We can't have tourism until there's a working vaccine. Domestic tourism, Bobby. Domestic tourism will open up again in the next couple of months. But, if Qantas are raping our arses, people aren't gonna travel. Scotty from Marketing needs to act, and he needs to act now.

We need international tourism.
Our standard of living and ability to pay back
our enormous debt will be impossible without it.

We could end up as a banana republic
with 3rd world standards.

Bobby. wrote on Apr 20^th, 2020 at 9:17pm:

greggerypeccary wrote on Apr 20th, 2020 at 8:31pm: Bobby. wrote on Apr 20th, 2020 at 8:27pm: greggerypeccary wrote on Apr 20th, 2020 at 8:17pm: Bobby. wrote on Apr 20th, 2020 at 8:15pm: Jasin wrote on Apr 20th, 2020 at 8:10pm: Tourism is not an Essential dickwad. Who the bloody hell cares!?  ::) Tourism makes up a huge amount of our economy. The problem is that we might not have any tourists for 2 years or more. Domestic tourism is worth $63 billion a year. If Virgin isn't saved, that figure will probably become $6 million. We can't have tourism until there's a working vaccine. Domestic tourism, Bobby. Domestic tourism will open up again in the next couple of months. But, if Qantas are raping our arses, people aren't gonna travel. Scotty from Marketing needs to act, and he needs to act now. We need international tourism. Our standard of living and ability to pay back our enormous debt will be impossible without it. We could end up as a banana republic with 3rd world standards.

With Scotty from Marketing at the helm, that's very likely.

greggerypeccary wrote on Apr 20^th, 2020 at 8:32pm:

The adults are talking now.

Shut up then and let them talk.

Companies think ScoMo will fork out the money like the ALP caved to every company for their 'redundancy' payment hand-outs.  ::)

Survival of the fittest. Maybe if Virgin's CEO's and Top Managers didn't take all the profits for their personal Bonus Packages - Virgin might not have to try and scab money from Taxpayers. Maybe they could survived this grounding period.

Ironic that those Companies and Industries that put contingency plans in place for yet another Economic Crash - are the ones still going great guns.

Sink or Swim. Sure a lot of business will crash, but it will be replaced by those who take the opportunity to provide a Business framework that can survive such Economic crises.
That evolution.

Burn the old down, release the new from it's ashes.

Jasin wrote on Apr 20^th, 2020 at 9:28pm:

Companies think ScoMo will fork out the money like the ALP caved to every company for their 'redundancy' payment hand-outs.  ::) Survival of the fittest. Maybe if Virgin's CEO's and Top Managers didn't take all the profits for their personal Bonus Packages - Virgin might not have to try and scab money from Taxpayers. Maybe they could survived this grounding period. Ironic that those Companies and Industries that put contingency plans in place for yet another Economic Crash - are the ones still going great guns. Sink or Swim. Sure a lot of business will crash, but it will be replaced by those who take the opportunity to provide a Business framework that can survive such Economic crises. That evolution. Burn the old down, release the new from it's ashes.

Enjoy the new service from China Airlines:

https://www.webjet.com.au/site/images/ChinaAirlines_363114.jpg

I very much doubt Virgin will be replaced by a Chinese alternative directly. Someone might buy all the Virgin planes and start a 'domestic' business up. The opportunity is there at least now.

Jasin wrote on Apr 20^th, 2020 at 9:40pm:

I very much doubt Virgin will be replaced by a Chinese alternative directly. Someone might buy all the Virgin planes and start a 'domestic' business up. The opportunity is there at least now.

The Chinese will buy the airlines and the hotels
and all the resorts -
they are just going to walk right in.

Not now. Besides possible Sanctions against them, the Chinese themselves will have a blatant and justified bias against them.
They will have to 'bribe' up big to make much headway back into the International Economic Arena.

I must admit. I've enjoyed watching the 'Old World' crash away into the past - all by a simple 'little' Virus that is as invisible as God.
I look forward to a better world made so by a Virus that has shaped and molded us.
It may hopefully cure us of over-population and over-indulgence.

Sir lastnail wrote on Apr 20^th, 2020 at 6:35pm:

Yes because scumo didn't want to pay goat beard Bransom his 15 million dollar a year pound of flesh to use the silly Virgin name and rightfully so. Also Virgin is majority foreign owned and we do not need another repeat of the Ford and Holden rent-a-job fiasco !!

What's Branson got to do with it?

I'm curious.

I was reading that Virgin was 55 Billion in debt..(I think it was)

This didn’t happen over night..

They have not paid tax in Australia for at least 7 years...

Why not?

QLD and NSW (i think) were offering them Hundreds of millions of Tax payers dollars 💵.. they still folded..

The company is owned by Billionaires and Foreign Governments..

Why didn’t they put their hands in their pockets?

How much were the board members siphoning off?

How many other Airlines have folded in Australia?

10, 20? 50?

Remember all those payouts the ALP made to Companies that just folded anyway. They took the money and ran!  >:(

F*uck Virgin. We don't want them planes bringing diseased Corona Zombies coughing into our country.

President Elect, The Mechanic wrote on Apr 20^th, 2020 at 10:06pm:

I was reading that Virgin was 55 Billion in debt..(I think it was) This didn’t happen over night.. They have not paid tax in Australia for at least 7 years... Why not? QLD and NSW (i think) were offering them Hundreds of millions of Tax payers dollars 💵.. they still folded.. The company is owned by Billionaires and Foreign Governments.. Why didn’t they put their hands in their pockets? How much were the board members siphoning off? How many other Airlines have folded in Australia? 10, 20? 50?

Good post and questions. Why should the taxpayer support this airline.

Karnal wrote on Apr 20^th, 2020 at 10:03pm:

Sir lastnail wrote on Apr 20th, 2020 at 6:35pm: Yes because scumo didn't want to pay goat beard Bransom his 15 million dollar a year pound of flesh to use the silly Virgin name and rightfully so. Also Virgin is majority foreign owned and we do not need another repeat of the Ford and Holden rent-a-job fiasco !! What's Branson got to do with it? I'm curious.

hes still a 10 percent shareholder.

Jasin wrote on Apr 20^th, 2020 at 9:57pm:

I must admit. I've enjoyed watching the 'Old World' crash away into the past - all by a simple 'little' Virus that is as invisible as God.

Was watching a clip of Sadhguru discussing Alexander the Great in India who may have died from cholera there...

'So you see', says Sadhguru, ' the mighty emperor came to India to claim it as his own.... and one, tiny, Indian mosquito and, pffff... The God-King is dead'...

(You have to imagine it in an Indian accent... Its true comedy!)

Jeez - I've got the Lauda Air paperweight... collector's item... but no Virgin Oz one.... buggar...

What airline was that? ....... LAUDA!!

Enjoy the new service from China Airlines:


https://www.webjet.com.au/site/images/ChinaAirlines_363114.jpg

Sir lastnail wrote on Apr 20^th, 2020 at 6:35pm:

Yes because scumo didn't want to pay goat beard Bransom his 15 million dollar a year pound of flesh to use the silly Virgin name and rightfully so. Also Virgin is majority foreign owned and we do not need another repeat of the Ford and Holden rent-a-job fiasco !!

Why would the pay Branson. He doesn't even own it. Fukkwit.

crocodile wrote on Apr 21^st, 2020 at 7:38am:

Sir lastnail wrote on Apr 20th, 2020 at 6:35pm: Yes because scumo didn't want to pay goat beard Bransom his 15 million dollar a year pound of flesh to use the silly Virgin name and rightfully so. Also Virgin is majority foreign owned and we do not need another repeat of the Ford and Holden rent-a-job fiasco !! Why would the pay Branson. He doesn't even own it. Fukkwit.

;D ;D ;D

China is one of the biggest stake holders 20% Branson  10%

Bobby. wrote on Apr 21^st, 2020 at 7:32am:

Enjoy the new service from China Airlines: https://www.webjet.com.au/site/images/ChinaAirlines_363114.jpg

I hate to point this out to you, given you've been spamming this comment throughout the thread, but "China Airlines" is a Taiwanese airline, not mainland Chinese, so quite the opposite of a mainland-owned communist-backed airline that you were probably looking for.

I've flown them, they're quite good.

The airline you were probably looking for was "Air China", which used to be CAAC ( Civil Aviation Administration of China) and was the communist Chinese flag carrier until it was split into multiple airlines today (of which air China is one)

https://upload.wikimedia.org/wikipedia/commons/8/83/Air_China_B767-200.jpg

greggerypeccary wrote on Apr 20^th, 2020 at 8:09pm:

Gordon wrote on Apr 20th, 2020 at 7:08pm: John Smith wrote on Apr 20th, 2020 at 7:03pm: Gordon wrote on Apr 20th, 2020 at 7:02pm: John Smith wrote on Apr 20th, 2020 at 7:01pm: Should have bailed them out in exchange for equity. The Govt may still, prob best to see if a private investor wants to step in first. New Zealand airways? Look what they did with Ansett ::) All well run airlines will be burning their cash reserves fast.  Bad ones will go under. Not much spare cash to go around. Maybe Singapore ? I hope the Govt steps in, Virgin is a decent company. Take an equity stake and a deal for more onshore maintenance Scotty from Marketing needs to get onto this ASAP. Without Virgin, tourism is gonna suffer badly. Virgin Australia, where the bloody hell are ya?

There won't be a bailout - it doesn't make any sense for the government to step in now, Virgin is heavily in debt and has no way to recover in the medium term.

Unlike Qantas, a significant proportion of Virgin's fleet is leased, meaning that they're stuck paying out million of $$$ while their fleet is sitting on the ground doing nothing. Propping them up simply means giving money away to lessors whilst foreign-owned shareholders do nothing (and to be fair, no airline has money to prop up virgin right now).

Virgin will be allowed to go into administration, which will enable them to restructure, offload a bunch of debt, reduce their fleet size, probably dump TigerAir and set them up to get back on their feet later.

It's still going to take time though, I think we won't see much action from even a "saved" Virgin until 2021.

rhino wrote on Apr 20^th, 2020 at 11:31pm:

Good post and questions. Why should the taxpayer support this airline.

Because without them domestic fares will triple or more, domestic tourism will stall and the economy take that much longer to recover.

Better take a stake in the company and keep it going.

Stig wrote on Apr 21^st, 2020 at 8:33am:

Bobby. wrote on Apr 21st, 2020 at 7:32am: Enjoy the new service from China Airlines: https://www.webjet.com.au/site/images/ChinaAirlines_363114.jpg I hate to point this out to you, given you've been spamming this comment throughout the thread, but "China Airlines" is a Taiwanese airline, not mainland Chinese, so quite the opposite of a mainland-owned communist-backed airline that you were probably looking for. I've flown them, they're quite good. The airline you were probably looking for was "Air China", which used to be CAAC ( Civil Aviation Administration of China) and was the communist Chinese flag carrier until it was split into multiple airlines today (of which air China is one) https://upload.wikimedia.org/wikipedia/commons/8/83/Air_China_B767-200.jpg

Alright - you don't need to be pedantic.

China will look with great interest to
be our 2nd carrier.

I am a kind of prophet  -
that is my prediction.

rhino wrote on Apr 20^th, 2020 at 11:31pm:

President Elect, The Mechanic wrote on Apr 20th, 2020 at 10:06pm: I was reading that Virgin was 55 Billion in debt..(I think it was) This didn’t happen over night.. They have not paid tax in Australia for at least 7 years... Why not? QLD and NSW (i think) were offering them Hundreds of millions of Tax payers dollars 💵.. they still folded.. The company is owned by Billionaires and Foreign Governments.. Why didn’t they put their hands in their pockets? How much were the board members siphoning off? How many other Airlines have folded in Australia? 10, 20? 50? Good post and questions. Why should the taxpayer support this airline.

5 billion in debt..... not 55.

Baronvonrort wrote on Apr 20^th, 2020 at 8:57pm:

Redmond Neck wrote on Apr 20th, 2020 at 8:27pm: They will be saved without a doubt! By who is the question? Branson, Etihad and Singapore Airlines own over half of it, if they want to save it they should pay for it. ScoMo should not bail out this foreign owned company with taxpayers money. Qantas shares will probably go lower might be a good time to buy some when state borders are opened again.

 
::)

Virgin Australia shareholders =

Branson(Virgin) 10%

Etihad 21%

Singapore Airlines 20%

HNA(Chinese) 20%

Nashan Group(Chinese) 20%

Free Float 9%

Baronvonrort wrote on Apr 20^th, 2020 at 8:03pm:

Gnads wrote on Apr 20th, 2020 at 7:10pm: Sir lastnail wrote on Apr 20th, 2020 at 6:35pm: Yes because scumo didn't want to pay goat beard Bransom his 15 million dollar a year pound of flesh to use the silly Virgin name and rightfully so. Also Virgin is majority foreign owned and we do not need another repeat of the Ford and Holden rent-a-job fiasco !! Virgin Australia is 100% foreign owned. 40% is  2 Chinese companies at 20% each. Bransons Virgin own only 10%. The rest is - Etihad Airways 21% Singapore Airlines 20% Free Float is 9% What we don't need is Virgin Australia to become 90-100% Chinese owned. Etihad and Singapore are foreign government airlines who own 41% of VA. Why should taxpayers prop up a foreign owned company? Might be a good time to buy shares in Qantas when we get on top of this Kung Flu

Yeah well durrrh ... that's what I indicated.

Would you then vote up that lil Oirish pillowbiters obscene remuneration package at the AGM?  ;D

Jasin wrote on Apr 20^th, 2020 at 8:29pm:

Pecca doesn't want FD & Gordo on the Beaches. But he wants mass domestic Tourism up and running. The guy talks from his butt.

There's the whole point .... domestic.

Local i.e. Internal

not foreign.

I think your oral orifice farts just as frequently.

John Smith wrote on Apr 20^th, 2020 at 7:01pm:

Should have bailed them out in exchange for equity.

They wanted taxpayers to cough up $87,500 per job.

:o

cods wrote on Apr 21^st, 2020 at 8:30am:

crocodile wrote on Apr 21st, 2020 at 7:38am: Sir lastnail wrote on Apr 20th, 2020 at 6:35pm: Yes because scumo didn't want to pay goat beard Bransom his 15 million dollar a year pound of flesh to use the silly Virgin name and rightfully so. Also Virgin is majority foreign owned and we do not need another repeat of the Ford and Holden rent-a-job fiasco !! Why would the pay Branson. He doesn't even own it. Fukkwit. ;D ;D ;D China is one of the biggest stake holders 20% Branson  10%

2 Chinese companies have a 40% interest -
20% each.

https://specials-images.forbesimg.com/imageserve/5e9554d37be2870006cdecb3/960x0.jpg

I've posted that twice ... yet the shareholder quotes here get wilder & wilder.

@@

Captain Nemo wrote on Apr 21^st, 2020 at 10:13am:

John Smith wrote on Apr 20th, 2020 at 7:01pm: Should have bailed them out in exchange for equity. They wanted taxpayers to cough up $87,500 per job. :o

with the bail out they could demand some restructuring.
our domestic routes are some of the most profitable in the world. Eventually we would get out money back and then some

John Smith wrote on Apr 21^st, 2020 at 8:49am:

rhino wrote on Apr 20th, 2020 at 11:31pm: Good post and questions. Why should the taxpayer support this airline. Because without them domestic fares will triple or more, domestic tourism will stall and the economy take that much longer to recover. Better take a stake in the company and keep it going.

Lol, where do you get this stuff from.

John Smith wrote on Apr 21^st, 2020 at 8:49am:

rhino wrote on Apr 20th, 2020 at 11:31pm: Good post and questions. Why should the taxpayer support this airline. Because without them domestic fares will triple or more, domestic tourism will stall and the economy take that much longer to recover. Better take a stake in the company and keep it going.

Exactly.

They might not triple, but they'll double for sure.

rhino wrote on Apr 21^st, 2020 at 10:46am:

John Smith wrote on Apr 21st, 2020 at 8:49am: rhino wrote on Apr 20th, 2020 at 11:31pm: Good post and questions. Why should the taxpayer support this airline. Because without them domestic fares will triple or more, domestic tourism will stall and the economy take that much longer to recover. Better take a stake in the company and keep it going. Lol, where do you get this stuff from.

you seen what quantas charges FIFO when flying to or from areas where there is no competition? What makes you think they'd give a poo with other destinations when you have no choice?

you were whinging about $5 for water on the flight, good luck flying if jetstar goes.

The best plan I've heard so far is to let it go into receivership and restructure their dept, allow the chance for private investment and only then if required the Govt can buy equity which can then be sold down the track.

Stig wrote on Apr 21^st, 2020 at 8:33am:

Bobby. wrote on Apr 21st, 2020 at 7:32am: Enjoy the new service from China Airlines: https://www.webjet.com.au/site/images/ChinaAirlines_363114.jpg I hate to point this out to you, given you've been spamming this comment throughout the thread, but "China Airlines" is a Taiwanese airline, not mainland Chinese, so quite the opposite of a mainland-owned communist-backed airline that you were probably looking for. I've flown them, they're quite good. The airline you were probably looking for was "Air China", which used to be CAAC ( Civil Aviation Administration of China) and was the communist Chinese flag carrier until it was split into multiple airlines today (of which air China is one) https://upload.wikimedia.org/wikipedia/commons/8/83/Air_China_B767-200.jpg

I have flown China southern and that flight was pleasant.
Flown China Eastern and was awful.

One thing about those interstate Chinese flights within China, running late by 2 hours seems the norm !

John Smith wrote on Apr 21^st, 2020 at 10:59am:

rhino wrote on Apr 21st, 2020 at 10:46am: John Smith wrote on Apr 21st, 2020 at 8:49am: rhino wrote on Apr 20th, 2020 at 11:31pm: Good post and questions. Why should the taxpayer support this airline. Because without them domestic fares will triple or more, domestic tourism will stall and the economy take that much longer to recover. Better take a stake in the company and keep it going. Lol, where do you get this stuff from. you seen what quantas charges FIFO when flying to or from areas where there is no competition? What makes you think they'd give a poo with other destinations when you have no choice? you were whinging about $5 for water on the flight, good luck flying if jetstar goes.

I had always used either Jetstar or Tiger for all the interstate flights.
Prices very competitive and way cheaper than Virgin.

Last year, flew to Singapore business class on Jetstar.
Was an amazing $800 on special whereas other airlines were double that.
I was wrapt, crossed off bucket list going business class.👍

Bobby. wrote on Apr 21^st, 2020 at 9:51am:

Stig wrote on Apr 21st, 2020 at 8:33am: Bobby. wrote on Apr 21st, 2020 at 7:32am: Enjoy the new service from China Airlines: https://www.webjet.com.au/site/images/ChinaAirlines_363114.jpg I hate to point this out to you, given you've been spamming this comment throughout the thread, but "China Airlines" is a Taiwanese airline, not mainland Chinese, so quite the opposite of a mainland-owned communist-backed airline that you were probably looking for. I've flown them, they're quite good. The airline you were probably looking for was "Air China", which used to be CAAC ( Civil Aviation Administration of China) and was the communist Chinese flag carrier until it was split into multiple airlines today (of which air China is one) https://upload.wikimedia.org/wikipedia/commons/8/83/Air_China_B767-200.jpg Alright - you don't need to be pedantic. China will look with great interest to be our 2nd carrier. I am a kind of prophet  - that is my prediction.

I also predict that China will buy up the whole
tourist show:

hotels
motels
resorts
zoos
clubs
casinos

all while the prices are dirt cheap.

Bobby. wrote on Apr 21^st, 2020 at 11:39am:

Bobby. wrote on Apr 21st, 2020 at 9:51am: Stig wrote on Apr 21st, 2020 at 8:33am: Bobby. wrote on Apr 21st, 2020 at 7:32am: Enjoy the new service from China Airlines: https://www.webjet.com.au/site/images/ChinaAirlines_363114.jpg I hate to point this out to you, given you've been spamming this comment throughout the thread, but "China Airlines" is a Taiwanese airline, not mainland Chinese, so quite the opposite of a mainland-owned communist-backed airline that you were probably looking for. I've flown them, they're quite good. The airline you were probably looking for was "Air China", which used to be CAAC ( Civil Aviation Administration of China) and was the communist Chinese flag carrier until it was split into multiple airlines today (of which air China is one) https://upload.wikimedia.org/wikipedia/commons/8/83/Air_China_B767-200.jpg Alright - you don't need to be pedantic. China will look with great interest to be our 2nd carrier. I am a kind of prophet  - that is my prediction. I also predict that China will buy up the whole tourist show: hotels motels resorts zoos clubs casinos all while the prices are dirt cheap.

Zoo = Chinese buffet?

John Smith wrote on Apr 21^st, 2020 at 10:59am:

rhino wrote on Apr 21st, 2020 at 10:46am: John Smith wrote on Apr 21st, 2020 at 8:49am: rhino wrote on Apr 20th, 2020 at 11:31pm: Good post and questions. Why should the taxpayer support this airline. Because without them domestic fares will triple or more, domestic tourism will stall and the economy take that much longer to recover. Better take a stake in the company and keep it going. Lol, where do you get this stuff from. you seen what quantas charges FIFO when flying to or from areas where there is no competition? What makes you think they'd give a poo with other destinations when you have no choice? you were whinging about $5 for water on the flight, good luck flying if jetstar goes.

Virgin werent competing on most of those routes. Thats always been the issue, not the number of airlines but what routes they were flying. And it QANTAS , not QUANTAS you dufus.

Gordon wrote on Apr 21^st, 2020 at 11:41am:

Bobby. wrote on Apr 21st, 2020 at 11:39am: Bobby. wrote on Apr 21st, 2020 at 9:51am: Stig wrote on Apr 21st, 2020 at 8:33am: Bobby. wrote on Apr 21st, 2020 at 7:32am: Enjoy the new service from China Airlines: https://www.webjet.com.au/site/images/ChinaAirlines_363114.jpg I hate to point this out to you, given you've been spamming this comment throughout the thread, but "China Airlines" is a Taiwanese airline, not mainland Chinese, so quite the opposite of a mainland-owned communist-backed airline that you were probably looking for. I've flown them, they're quite good. The airline you were probably looking for was "Air China", which used to be CAAC ( Civil Aviation Administration of China) and was the communist Chinese flag carrier until it was split into multiple airlines today (of which air China is one) https://upload.wikimedia.org/wikipedia/commons/8/83/Air_China_B767-200.jpg Alright - you don't need to be pedantic. China will look with great interest to be our 2nd carrier. I am a kind of prophet  - that is my prediction. I also predict that China will buy up the whole tourist show: hotels motels resorts zoos clubs casinos all while the prices are dirt cheap. Zoo = Chinese buffet?

All jokes aside  - zoos are losing a fortune right now.

They are excellent buys for Chinese businessmen.

Of course  - the Chinese  will buy assets
using shelf companies in offshore tax havens
to hide the true owners.

rhino wrote on Apr 21^st, 2020 at 11:43am:

John Smith wrote on Apr 21st, 2020 at 10:59am: rhino wrote on Apr 21st, 2020 at 10:46am: John Smith wrote on Apr 21st, 2020 at 8:49am: rhino wrote on Apr 20th, 2020 at 11:31pm: Good post and questions. Why should the taxpayer support this airline. Because without them domestic fares will triple or more, domestic tourism will stall and the economy take that much longer to recover. Better take a stake in the company and keep it going. Lol, where do you get this stuff from. you seen what quantas charges FIFO when flying to or from areas where there is no competition? What makes you think they'd give a poo with other destinations when you have no choice? you were whinging about $5 for water on the flight, good luck flying if jetstar goes. Virgin werent competing on most of those routes. Thats always been the issue, not the number of airlines but what routes they were flying. And it QANTAS , not QUANTAS you dufus.

Yer lurn two spell yew zilly bluddy Wog Smiffy!

;)

greggerypeccary wrote on Apr 21^st, 2020 at 10:47am:

John Smith wrote on Apr 21st, 2020 at 8:49am: rhino wrote on Apr 20th, 2020 at 11:31pm: Good post and questions. Why should the taxpayer support this airline. Because without them domestic fares will triple or more, domestic tourism will stall and the economy take that much longer to recover. Better take a stake in the company and keep it going. Exactly. They might not triple, but they'll double for sure.

Well then you'll have to drive.
Simple really if you don't want to pay the fair

Captain Caveman wrote on Apr 21^st, 2020 at 1:38pm:

greggerypeccary wrote on Apr 21st, 2020 at 10:47am: John Smith wrote on Apr 21st, 2020 at 8:49am: rhino wrote on Apr 20th, 2020 at 11:31pm: Good post and questions. Why should the taxpayer support this airline. Because without them domestic fares will triple or more, domestic tourism will stall and the economy take that much longer to recover. Better take a stake in the company and keep it going. Exactly. They might not triple, but they'll double for sure. Well then you'll have to drive. Simple really if you don't want to pay the fair

I'll pay the fare.

rhino wrote on Apr 21^st, 2020 at 11:43am:

John Smith wrote on Apr 21st, 2020 at 10:59am: rhino wrote on Apr 21st, 2020 at 10:46am: John Smith wrote on Apr 21st, 2020 at 8:49am: rhino wrote on Apr 20th, 2020 at 11:31pm: Good post and questions. Why should the taxpayer support this airline. Because without them domestic fares will triple or more, domestic tourism will stall and the economy take that much longer to recover. Better take a stake in the company and keep it going. Lol, where do you get this stuff from. you seen what quantas charges FIFO when flying to or from areas where there is no competition? What makes you think they'd give a poo with other destinations when you have no choice? you were whinging about $5 for water on the flight, good luck flying if jetstar goes. Virgin werent competing on most of those routes. Thats always been the issue, not the number of airlines but what routes they were flying. And it QANTAS , not QUANTAS you dufus.

Virgin wasn't competing? and if virgin goes bust will they still be competing you fool? :D :D :D :D

greggerypeccary wrote on Apr 21^st, 2020 at 1:40pm:

Captain Caveman wrote on Apr 21st, 2020 at 1:38pm: greggerypeccary wrote on Apr 21st, 2020 at 10:47am: John Smith wrote on Apr 21st, 2020 at 8:49am: rhino wrote on Apr 20th, 2020 at 11:31pm: Good post and questions. Why should the taxpayer support this airline. Because without them domestic fares will triple or more, domestic tourism will stall and the economy take that much longer to recover. Better take a stake in the company and keep it going. Exactly. They might not triple, but they'll double for sure. Well then you'll have to drive. Simple really if you don't want to pay the fair I'll pay the fare.

Good.
Then what are you whinging about?

Captain Caveman wrote on Apr 21^st, 2020 at 1:47pm:

greggerypeccary wrote on Apr 21st, 2020 at 1:40pm: Captain Caveman wrote on Apr 21st, 2020 at 1:38pm: greggerypeccary wrote on Apr 21st, 2020 at 10:47am: John Smith wrote on Apr 21st, 2020 at 8:49am: rhino wrote on Apr 20th, 2020 at 11:31pm: Good post and questions. Why should the taxpayer support this airline. Because without them domestic fares will triple or more, domestic tourism will stall and the economy take that much longer to recover. Better take a stake in the company and keep it going. Exactly. They might not triple, but they'll double for sure. Well then you'll have to drive. Simple really if you don't want to pay the fair I'll pay the fare. Good. Then what are you whinging about?

I'm not.

John Smith wrote on Apr 21^st, 2020 at 1:44pm:

rhino wrote on Apr 21st, 2020 at 11:43am: John Smith wrote on Apr 21st, 2020 at 10:59am: rhino wrote on Apr 21st, 2020 at 10:46am: John Smith wrote on Apr 21st, 2020 at 8:49am: rhino wrote on Apr 20th, 2020 at 11:31pm: Good post and questions. Why should the taxpayer support this airline. Because without them domestic fares will triple or more, domestic tourism will stall and the economy take that much longer to recover. Better take a stake in the company and keep it going. Lol, where do you get this stuff from. you seen what quantas charges FIFO when flying to or from areas where there is no competition? What makes you think they'd give a poo with other destinations when you have no choice? you were whinging about $5 for water on the flight, good luck flying if jetstar goes. Virgin werent competing on most of those routes. Thats always been the issue, not the number of airlines but what routes they were flying. And it QANTAS , not QUANTAS you dufus. Virgin wasn't competing? and if virgin goes bust will they still be competing you fool? :D :D :D :D

if they werent competing then they couldnt still be competing then could they. bugger you are thick.

rhino wrote on Apr 21^st, 2020 at 2:01pm:

John Smith wrote on Apr 21st, 2020 at 1:44pm: rhino wrote on Apr 21st, 2020 at 11:43am: John Smith wrote on Apr 21st, 2020 at 10:59am: rhino wrote on Apr 21st, 2020 at 10:46am: John Smith wrote on Apr 21st, 2020 at 8:49am: rhino wrote on Apr 20th, 2020 at 11:31pm: Good post and questions. Why should the taxpayer support this airline. Because without them domestic fares will triple or more, domestic tourism will stall and the economy take that much longer to recover. Better take a stake in the company and keep it going. Lol, where do you get this stuff from. you seen what quantas charges FIFO when flying to or from areas where there is no competition? What makes you think they'd give a poo with other destinations when you have no choice? you were whinging about $5 for water on the flight, good luck flying if jetstar goes. Virgin werent competing on most of those routes. Thats always been the issue, not the number of airlines but what routes they were flying. And it QANTAS , not QUANTAS you dufus. Virgin wasn't competing? and if virgin goes bust will they still be competing you fool? :D :D :D :D if they werent competing then they couldnt still be competing then could they. bugger you are thick.

not the sharpest tack are you? Qantas overcharges FIFO because of no competition. Remove Virgin, and they have no competition on most of their routes. No competition and their prices will skyrocket on those routes

Is that dumbed down enough for you or are you still struggling with basic understanding?

Lol, Gusieppe attempting to change the subject because he got shown to be as dumb as a box of hammers. Speaka de english Guiseppe!

rhino wrote on Apr 21^st, 2020 at 4:34pm:

Lol, Gusieppe attempting to change the subject because he got shown to be as dumb as a box of hammers. Speaka de english Guiseppe!

change the subject?  :D :D :D

Did you fall on your head again?

lol, Gusieppe still not getting the illogical statement he made. Never mind, theres a village in Italy calling him back.

Gordon wrote on Apr 21^st, 2020 at 11:09am:

The best plan I've heard so far is to let it go into receivership and restructure their dept, allow the chance for private investment and only then if required the Govt can buy equity which can then be sold down the track.

Stating the obvious .... it's "foreign" private investment that's gone broke & they're looking for Govt bailouts.

So we'd be getting more of the same .....


& we don't need China running a our domestic services.

Whinge about Qantas offshoring maintenance?

It'll be done offshore if the Chinese run the whole show.

rhino wrote on Apr 21^st, 2020 at 4:44pm:

lol, Gusieppe still not getting the illogical statement he made. Never mind, theres a village in Italy calling him back.

hes scared of flying didnt you know... :) :)

A Qantas monopoly will mean the end of the domestic tourism industry.

Virgin was struggling anyway. It seems that Australia can only support 1 ¹/₂ airlines

The_Barnacle wrote on Apr 21^st, 2020 at 5:53pm:

A Qantas monopoly will mean the end of the domestic tourism industry. Virgin was struggling anyway. It seems that Australia can only support 1 1/2 airlines

With the amount of money they pull out of taxpayers & consumers they should be able to sh1t 2 airlines in.

We had 2 when our population was half what it is now.

The_Barnacle wrote on Apr 21^st, 2020 at 5:53pm:

A Qantas monopoly will mean the end of the domestic tourism industry. Virgin was struggling anyway. It seems that Australia can only support 1 1/2 airlines

The government is helping Rex which is Aussie owned


Quote:

Regional Express (also known as Rex) is an Australian airline based in Mascot, New South Wales.[1][2] It operates scheduled regional services.[3] It is Australia's largest regional airline outside the Qantas group of companies and serves New South Wales, South Australia, Victoria, Queensland, Tasmania and Western Australia. Its entire fleet consists of 57 Swedish built Saab 340 turboprop aircraft seating 33, 34 or 36 passengers. https://en.wikipedia.org/wiki/Regional_Express_Airlines

rhino wrote on Apr 21^st, 2020 at 4:44pm:

lol, Gusieppe still not getting the illogical statement he made. Never mind, theres a village in Italy calling him back.

run away fool, your white flag is accepted

China will buy up Virgin airlines –
I also predict that China will buy up the whole tourist show:

hotels
motels
resorts
zoos
clubs
casinos

all while the prices are dirt cheap.

China will make a fortune out of this.

flip

Bobby. wrote on Apr 21^st, 2020 at 8:36pm:

China will buy up Virgin airlines – I also predict that China will buy up the whole tourist show: hotels motels resorts zoos clubs casinos all while the prices are dirt cheap. China will make a fortune out of this.

It is time for the FIRB to say NO

Sprintcyclist wrote on Apr 21^st, 2020 at 8:44pm:

Bobby. wrote on Apr 21st, 2020 at 8:36pm: China will buy up Virgin airlines – I also predict that China will buy up the whole tourist show: hotels motels resorts zoos clubs casinos all while the prices are dirt cheap. China will make a fortune out of this. It is time for the FIRB to say NO

The Chinese  will buy assets
using shelf companies in offshore tax havens
to hide the true owners.
The FIRB won't know.

The CCP are bottom feeders. Cause a financial downwards spiral with a bio weapon, then come and buy it all up under desperation, duress, and destitution to the rest of the world.

Very very clever!

For instance, why buy Virgin Airlines as a form of takeover control?

Why not Virgin Airlines (and every other business, big and small) send the CCP an invoice? (like Germany did)
An invoice to be paid for all the financial expense/loss/hardship/psychological damage they, the CCP caused in the first place??

Are we all in this together?

Our government should NOT bail out Virgin Airlines because it is foreign owned.
If our govt want to, they can buy it outright.
Make Australia great/independent/a mighty nation again!🤗

Bobby. wrote on Apr 21^st, 2020 at 8:48pm:

Sprintcyclist wrote on Apr 21st, 2020 at 8:44pm: Bobby. wrote on Apr 21st, 2020 at 8:36pm: China will buy up Virgin airlines – I also predict that China will buy up the whole tourist show: hotels motels resorts zoos clubs casinos all while the prices are dirt cheap. China will make a fortune out of this. It is time for the FIRB to say NO The Chinese  will buy assets using shelf companies in offshore tax havens to hide the true owners. The FIRB won't know.

But you will apparently.

rhino wrote on Apr 21^st, 2020 at 11:39pm:

Bobby. wrote on Apr 21st, 2020 at 8:48pm: Sprintcyclist wrote on Apr 21st, 2020 at 8:44pm: Bobby. wrote on Apr 21st, 2020 at 8:36pm: China will buy up Virgin airlines – I also predict that China will buy up the whole tourist show: hotels motels resorts zoos clubs casinos all while the prices are dirt cheap. China will make a fortune out of this. It is time for the FIRB to say NO The Chinese  will buy assets using shelf companies in offshore tax havens to hide the true owners. The FIRB won't know. But you will apparently.

I just predict the future knowing history will repeat.

Sophia wrote on Apr 21^st, 2020 at 9:28pm:

The CCP are bottom feeders. Cause a financial downwards spiral with a bio weapon, then come and buy it all up under desperation, duress, and destitution to the rest of the world. Very very clever! For instance, why buy Virgin Airlines as a form of takeover control? Why not Virgin Airlines (and every other business, big and small) send the CCP an invoice? (like Germany did) An invoice to be paid for all the financial expense/loss/hardship/psychological damage they, the CCP caused in the first place?? Are we all in this together? Our government should NOT bail out Virgin Airlines because it is foreign owned. If our govt want to, they can buy it outright. Make Australia great/independent/a mighty nation again!🤗

No ... they should take a leaf out of the CCP handbook & just take it ..... all the infrastructure in Brisbane & all the aircraft on the ground.

Gnads wrote on Apr 22^nd, 2020 at 6:59am:

Sophia wrote on Apr 21st, 2020 at 9:28pm: The CCP are bottom feeders. Cause a financial downwards spiral with a bio weapon, then come and buy it all up under desperation, duress, and destitution to the rest of the world. Very very clever! For instance, why buy Virgin Airlines as a form of takeover control? Why not Virgin Airlines (and every other business, big and small) send the CCP an invoice? (like Germany did) An invoice to be paid for all the financial expense/loss/hardship/psychological damage they, the CCP caused in the first place?? Are we all in this together? Our government should NOT bail out Virgin Airlines because it is foreign owned. If our govt want to, they can buy it outright. Make Australia great/independent/a mighty nation again!🤗 No ... they should take a leaf out of the CCP handbook & just take it ..... all the infrastructure in Brisbane & all the aircraft on the ground.

Qantas and Virgin were cutting each other's
throats over pricing which led to Virgin going
into $5 billion of debt.
That should be illegal when a new 2nd carrier
starts again.

Richard Branson doesn’t deserve taxpayers’ money
Tom Bower
Wednesday April 22 2020, 12.01am BST, The Times

Pleading from his sun-kissed Caribbean island for a taxpayer bailout for Virgin Atlantic, Richard Branson must rank as the least deserving tycoon in the Treasury’s long list of casualties asking for financial help. Pledging Necker, the shabby headquarters of his tax exile, as collateral for a £500 million government loan adds insult to injury.
Branson wants a loan from the same tax system he has spent his entire career avoiding. His justification for wanting our money is unimpressive, not least because the loss-making airline is nearly half owned by Delta, an American company.
The British love chancers and over the years Branson has both delighted and appalled millions of people as a self-made entrepreneur who has created and manipulated the Virgin brand through a wily media machine. Throughout a career launching dozens of businesses, including music, mobile phones, trains, health, wine, fashion and banking, his finances have been concealed in offshore tax havens — not only the Caribbean but also in Switzerland, which became the headquarters of his fortune-saving operation to license the Virgin brand.
Until now, the mystery has been whether his businesses are worth the £4 billion he claims and whether he deserved the accolade of Britain’s most successful tycoon. The same smokescreen was vital to his obsessive tax avoidance.
Penetrating the true value of Virgin has always been made impossible by his secrecy. Virgin Health, for instance, has consistently reported losses so no taxes are payable in Britain. Others, like Virgin Galactic, his failed bid since 2004 to send a rocket into space, are also huge loss-makers. Many businesses including Virgin Trains relied on securing government licences or monopolies by controversial methods.
Now he has hit the moment of truth. To rank alongside genuine tycoons such as Jeff Bezos and Elon Musk who have built proper rockets, Branson has always exaggerated his wealth. But it’s been mostly a hand-to-mouth illusion. The reality of Virgin Atlantic’s creation and survival has been nasty. Built out of a pernicious battle with BA and the humiliation of its then chairman Lord King, Virgin Atlantic has only survived because of its guaranteed privileges at Heathrow. Without the landing slots, the airline would be worthless.
Asking for a taxpayer bailout of a loss-making airline is offensive. Let it collapse. There are other British airlines such as Easyjet which could take over. As Branson said not so long ago, “Capitalism has lost its way”. He should rank among the casualties.

Tom Bower is the author of Branson: Behind the Mask

Don't the Chinese own 21% of Virgin, along with another Airline and two others over Branson who only owns 10%?

While bail out an Airline for the Chinese?

https://i.imgur.com/tA9h4W5.jpg

Airline Management is trying to emotionally blackmail Australians by pushing low responsibility 'workers' out in front to beg for their 'jobs'. ALP would be throwing the money at Virgin with that ploy.

Jasin wrote on Apr 22^nd, 2020 at 11:06am:

Don't the Chinese own 21% of Virgin, along with another Airline and two others over Branson who only owns 10%? While bail out an Airline for the Chinese?

That's Virgin Australia. The article I posted referred to Virgin Atlantic.
At this stage, I suppose Dickie will take what he can get...

Let em fold.
See ya virgin.

The Heartless Felon wrote on Apr 22^nd, 2020 at 11:29am:

Jasin wrote on Apr 22nd, 2020 at 11:06am: Don't the Chinese own 21% of Virgin, along with another Airline and two others over Branson who only owns 10%? While bail out an Airline for the Chinese? That's Virgin Australia. The article I posted referred to Virgin Atlantic. At this stage, I suppose Dickie will take what he can get...

You're on a good wicket when you can privatise the profits, avoid tax and socialise the losses. It really gets me how wealthy capitalists try this on, hypocrisy.

Jasin wrote on Apr 22^nd, 2020 at 11:06am:

Don't the Chinese own 21% of Virgin, along with another Airline and two others over Branson who only owns 10%? While bail out an Airline for the Chinese?

The Chinese own 40% of virgin.

F*uck the Airlines.
We should be building our own Subs.
Only Americans are good in the Air.

https://specials-images.forbesimg.com/imageserve/5e9554d37be2870006cdecb3/960x0.jpg

Setanta wrote on Apr 22^nd, 2020 at 11:43am:

The Heartless Felon wrote on Apr 22nd, 2020 at 11:29am: Jasin wrote on Apr 22nd, 2020 at 11:06am: Don't the Chinese own 21% of Virgin, along with another Airline and two others over Branson who only owns 10%? While bail out an Airline for the Chinese? That's Virgin Australia. The article I posted referred to Virgin Atlantic. At this stage, I suppose Dickie will take what he can get... You're on a good wicket when you can privatise the profits, avoid tax and socialise the losses. It really gets me how wealthy capitalists try this on, hypocrisy.

Virgin went into $5 billion of debt trying to
compete with the Irish poof running Qantas.

Is there really room for 2 airlines cutting each other's throats?

https://www.msn.com/en-au/news/australia/now-the-chinese-are-considering-buying-virgin-australia-after-the-morrison-government-refused-to-bail-out-embattled-airline/ar-BB12N9IA?ocid=sf2


Now the CHINESE are considering buying Virgin Australia
after the Morrison government refused to bail out embattled airline.

Bobby. wrote on Apr 22^nd, 2020 at 4:15pm:

https://www.msn.com/en-au/news/australia/now-the-chinese-are-considering-buying-virgin-australia-after-the-morrison-government-refused-to-bail-out-embattled-airline/ar-BB12N9IA?ocid=sf2 Now the CHINESE are considering buying Virgin Australia after the Morrison government refused to bail out embattled airline.

Good, why should our government bail them out?

I hardly used virgin airlines either interstate or overseas, their prices were never competitively priced well enough.

Any wonder they struggled to keep afloat of financial debt? Or just bad management?
Or a bit of both?

Sophia wrote on Apr 22^nd, 2020 at 4:39pm:

Good, why should our government bail them out?

so that you don't have to pay $1200+ to fly Melbourne to Gold Coast ;)

John Smith wrote on Apr 22^nd, 2020 at 4:40pm:

Sophia wrote on Apr 22nd, 2020 at 4:39pm: Good, why should our government bail them out? so that you don't have to pay $1200+ to fly Melbourne to Gold Coast ;)

Virgin was giving flights below cost  - dummy.
That's why they owe $5 billion.

Bobby. wrote on Apr 22^nd, 2020 at 4:46pm:

John Smith wrote on Apr 22nd, 2020 at 4:40pm: Sophia wrote on Apr 22nd, 2020 at 4:39pm: Good, why should our government bail them out? so that you don't have to pay $1200+ to fly Melbourne to Gold Coast ;) Virgin was giving flights below cost  - dummy. That's why they owe $5 billion.

The dummy is the person who doesn't understand the question being answered. ie: YOU

They would have traded their way out of it.

besides, What do I care about their profit? I don't see them worrying about my profits.

Virgin flights were always more expensive than tiger and Jetstar.
Years ago I flew with virgin, I liked their flights and service, but when comparing costs at later stages, for instance, Tiger or Jetstar would be $89 from Melbourne to the Gold Coast, Virgin would be $149

See the difference that makes for decisions of which flight to book?

In fact, last flight I did earlier this year to Gold Coast with Tiger airways was $69 🤗

John Smith wrote on Apr 22^nd, 2020 at 4:54pm:

Bobby. wrote on Apr 22nd, 2020 at 4:46pm: John Smith wrote on Apr 22nd, 2020 at 4:40pm: Sophia wrote on Apr 22nd, 2020 at 4:39pm: Good, why should our government bail them out? so that you don't have to pay $1200+ to fly Melbourne to Gold Coast ;) Virgin was giving flights below cost  - dummy. That's why they owe $5 billion. The dummy is the person who doesn't understand the question being answered. ie: YOU They would have traded their way out of it. besides, What do I care about their profit? I don't see them worrying about my profits.

You dummy  -

they were already going broke.

Bobby. wrote on Apr 22^nd, 2020 at 4:58pm:

John Smith wrote on Apr 22nd, 2020 at 4:54pm: Bobby. wrote on Apr 22nd, 2020 at 4:46pm: John Smith wrote on Apr 22nd, 2020 at 4:40pm: Sophia wrote on Apr 22nd, 2020 at 4:39pm: Good, why should our government bail them out? so that you don't have to pay $1200+ to fly Melbourne to Gold Coast ;) Virgin was giving flights below cost  - dummy. That's why they owe $5 billion. The dummy is the person who doesn't understand the question being answered. ie: YOU They would have traded their way out of it. besides, What do I care about their profit? I don't see them worrying about my profits. You dummy  - they were already going broke.

you're an idiot.

John Smith wrote on Apr 22^nd, 2020 at 5:06pm:

Bobby. wrote on Apr 22nd, 2020 at 4:58pm: John Smith wrote on Apr 22nd, 2020 at 4:54pm: Bobby. wrote on Apr 22nd, 2020 at 4:46pm: John Smith wrote on Apr 22nd, 2020 at 4:40pm: Sophia wrote on Apr 22nd, 2020 at 4:39pm: Good, why should our government bail them out? so that you don't have to pay $1200+ to fly Melbourne to Gold Coast ;) Virgin was giving flights below cost  - dummy. That's why they owe $5 billion. The dummy is the person who doesn't understand the question being answered. ie: YOU They would have traded their way out of it. besides, What do I care about their profit? I don't see them worrying about my profits. You dummy  - they were already going broke. you're an idiot.

You're as stupid as the people who lent money -
$5 billion to Virgin while they were giving out flights at below cost
and driving their business into the ground.
It's a scandal.