Should Branson Ask For A Bailout?

[retrocop]

It seems O'leary thinks not. He has taken a 50% pay cut and Branson asks for more!

https://uk.yahoo.com/news/video/branson-bail-himself-151011892.html


http://www.upl.co/uploads/Virgin1587839931.jpg

[Bobbisox1]

Nice to see O’Leary being the ‘good guy ‘ for a change

[retrocop]

:-)

[jno]

if you think O'Leary's a good guy, try asking him for a refund of your ticket on a cancelled flight.

https://www.bbc.co.uk/news/business-52370158?SThisFB

[Bobbisox1]

He’s anything but being a good guy....only this time marginally “ better “than Branson.....
Oh yeah, I’ll be needing £1,200 + off him soon too

[retrocop]

jno
It's not only Ryanair. I was supposed to be in Holland next month but Eurotunnel will not give me a full refund. They 'kindly' gave me a voucher no to be used within a year of initial booking for another journey. I was supposed to be going 5/5/2020 but booked in February. I don't want to be in the Netherlands in February. I would like to go in May 21.

[237SJ]

It's a difficult one but it's not Branson needing the bailout, it's one of his companies of which he only owns 51% Personally, I would hate to see Virgin go to the wall because I would hate to see that many people lose their jobs. As for as O'Leary is concerned, he is an idiot who doesn't care about his staff or his customers. I have met people who worked for him and it wasn't good.

[pixie374]

Won't that work for you, retro, if you have to wait at least a year?

[tonyav]

Bailout for Branson.
No way after he sued the NHS.

[CrapAtCryptics]

A condition of any assistance for any business in the travel sector should be all customers refunded in full in cash before they get a penny.

[retrocop]

//Won't that work for you, retro, if you have to wait at least a year?//

Not really Pixie. I was driving in convoy with a few other pals.February is too early next year to go to Holland.Because my other co-driver and I booked our car tickets in February for a May crossing we have to take an alternative within a year of initial booking and not the date of travel. :-(

[pixie374]

Sorry, I read it as "not within a year".

[jno]

I can't see why the NHS should be allowed to rip anyone off, tonyav. Virgin (it wasn't "Branson") had every right to take the matter to court - and I note that the defendants settled out of court.

Retro, you can demand your money back. You paid for something, they aren't supplying it. Don't take a credit note so they can hold onto your money even longer. I'm doing the same though not with Ryanair or Virgin.

https://www.which.co.uk/news/2020/04/should-i-accept-a-holiday-company-or-airline-voucher-do-i-have-to/

[Bobbisox1]

I’m expecting a battle with RyanAir for a holiday in July which I can’t see happening

[237SJ]

^ Ryanair have been quite good at refunds, unlike Easyjet

[tonyav]

Avatar Image jnoI can't see why the NHS should be allowed to rip anyone off, tonyav. Virgin (it wasn't "Branson") had every right to take the matter to court - and I note that the defendants settled out of court.

Still shouldn't be bailed out imo. Maybe he could do a sponsored 100 laps around his island to raise some dosh.

[jno]

237SJ, Ryanair were fine when they cancelled my flight through an ash cloud years ago, but if you look at the link I posted above, they're not now.

[jno]

I don't think he's after a bailout, tonyav, as I understand it, he wants a loan and he's put up Necker island as collateral, so he stands to lose that.

O'Leary plans to get his money back by resuming flying when permitted but without any attempt to distance passengers from each other. Good luck if you want to buy a seat on that basis.

[Bobbisox1]

^^ I don’t

[New Judge]

//O'Leary plans to get his money back by resuming flying when permitted but without any attempt to distance passengers from each other. Good luck if you want to buy a seat on that basis.//

"Distancing" passengers in any meaningful way on an aircraft is near enough impossible. I'm not at all convinced that the distancing measures in place in shops etc. are at all useful, but that's another issue. Let's assume that similar principles will be needed on an aircraft. You would have to use about only one seat in six, no member of the crew could approach you, you could not get up to go to the toilet and embarking and disembarking would be a logistical nightmare. OK perhaps on a short hop from Gatwick to Manchester. Not so clever on a ten hour flight to the Caribbean. Anybody suggesting that the current recommended distancing principles can be maintained on a commercial flight is telling porkies.

[Bazile]

Make your mind up Bobbisox1

Either O'leary is a good guy , or he's not