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Virgin Airlines has collapsed (Read 7030 times)
Bobby.
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Re: Virgin Airlines has collapsed
Reply #15 - Apr 20th, 2020 at 7:07pm
 
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 Roll Eyes


No - how about:

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


...
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Gordon
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Re: Virgin Airlines has collapsed
Reply #16 - 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 Roll Eyes


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
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Bobby.
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Re: Virgin Airlines has collapsed
Reply #17 - Apr 20th, 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 Roll Eyes


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.
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Gnads
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Re: Virgin Airlines has collapsed
Reply #18 - 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.
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"When you are dead, you do not know you are dead. It's only painful and difficult for others. The same applies when you are stupid." ~ Ricky Gervais
 
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Gordon
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Re: Virgin Airlines has collapsed
Reply #19 - Apr 20th, 2020 at 7:10pm
 
Bobby. wrote on Apr 20th, 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 Roll Eyes


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

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IBI
 
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Gnads
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Re: Virgin Airlines has collapsed
Reply #20 - 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.
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"When you are dead, you do not know you are dead. It's only painful and difficult for others. The same applies when you are stupid." ~ Ricky Gervais
 
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Bobby.
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Re: Virgin Airlines has collapsed
Reply #21 - Apr 20th, 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!
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Gnads
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Re: Virgin Airlines has collapsed
Reply #22 - Apr 20th, 2020 at 7:15pm
 
Bobby. wrote on Apr 20th, 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 Roll Eyes


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.
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"When you are dead, you do not know you are dead. It's only painful and difficult for others. The same applies when you are stupid." ~ Ricky Gervais
 
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rhino
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Re: Virgin Airlines has collapsed
Reply #23 - Apr 20th, 2020 at 7:15pm
 
Sh1t airline anyway, I flew them once, they charged me $5 for a bottle of water.  They were no cheaper than any other airline .
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Gnads
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Re: Virgin Airlines has collapsed
Reply #24 - Apr 20th, 2020 at 7:16pm
 
Bobby. wrote on Apr 20th, 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.  Roll Eyes
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"When you are dead, you do not know you are dead. It's only painful and difficult for others. The same applies when you are stupid." ~ Ricky Gervais
 
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greggerypeccary
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Re: Virgin Airlines has collapsed
Reply #25 - Apr 20th, 2020 at 7:17pm
 

Bring back Compass.

...
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Jasin
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Re: Virgin Airlines has collapsed
Reply #26 - 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.
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AIMLESS EXTENTION OF KNOWLEDGE HOWEVER, WHICH IS WHAT I THINK YOU REALLY MEAN BY THE TERM 'CURIOSITY', IS MERELY INEFFICIENCY. I AM DESIGNED TO AVOID INEFFICIENCY.
 
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Bobby.
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Re: Virgin Airlines has collapsed
Reply #27 - 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?
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Gordon
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Re: Virgin Airlines has collapsed
Reply #28 - 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.
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Bobby.
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Re: Virgin Airlines has collapsed
Reply #29 - Apr 20th, 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.   Grin

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