Should the Government “give” airlines £7.5bn?

[Tomr10]

I will happy if me and my faimly are still alive in 12 months time and im fed up wuth those planes shitting carbon on me . Go too wales and luve the simple life

I have a few places in wales I can gi for free normally involves work but that's fine.

Got a holiday in spain August this year not bothered to much if we go or not.

Yes the virus is bad but this finance impact will kill more young fit and healthy people.

Today my wife found out her company only has enough cash for 2 months in the current situation

 

[MrNoo]

Hang on now I would still like my occasional holiday outside of the uk the thank you.

Take a boat!!! Plenty of cheap seats available now!!

 

[tepapa]

No, the government will be broke if it keeps bailing everybody out which it will have to over the next 12 months.

 

[Hilly]

No, the government will be broke if it keeps bailing everybody out which it will have to over the next 12 months.

They were broke when Teflon Tony left the building been printing it since .

 

[tepapa]

They were broke when Teflon Tony left the building been printing it since .

They have a pandemic clean up to pay for and a failing economy. They could never print enough money to stay afloat.

 

[R J]

What a complete tosser Richard Branson is !
Happy to take huge profits in the good times but soon to cut his staff lose and ask for a bail out ,
He could sell his island for a start

 

[kiwi pom]

no - they should just mothball

how much do some of these companies make in normal years ? obscene amounts some year are announced

I'm not sure they do make large profits do they?
Pretty sure a lot of the bigger airlines have made a loss in the last few years, Virgin Atlantic being one of them.

No idea if they should be bailed out but I don't know how millions of people are going to earn a living if airline travel comes to an end.

 

[Steevo]

Coronavirus: No extra help for airlines, chancellor says

Rishi Sunak says bailing out airlines would be a "last resort" as the sector braces for a $252bn loss.

www.bbc.co.uk

 

[Danllan]

What a complete tosser Richard Branson is !
Happy to take huge profits in the good times but soon to cut his staff lose and ask for a bail out ,
He could sell his island for a start

I don't think you are right in that, utter selfish c^nt and parasitic ars*wipe would be far more accurate.

My guess is that he will - entirely deservedly - be widely shunned after this, a modern 'Boycott'.

 

[Steevo]

I don't think you are right in that, utter selfish c^nt and parasitic ars*wipe would be far more accurate.

My guess is that he will - entirely deservedly - be widely shunned after this, a modern 'Boycott'.

Apparently he's now found some money....

Coronavirus: Sir Richard Branson pledges £215m boost to protect Virgin jobs

The businessman makes the pledge in a blog post in which he says his companies were in a "massive battle to survive".

news.sky.com

 

[averageguy54]

NO.

 

[Martin Holden]

News reports this morning suggest the chancellor has stated that the airlines must find alternative ways of funding starting with shareholders. Fair enough - shareholders want the dividends so they perhaps need to dig into their pockets now rather than the good old tax payer having to stump up the bill. I was just writing a list down of all affected businesses last night and ran out of paper. The economic “stretch” of this is so wide, that a domino effect would easily happen. Then what? Anyway a bit of good news. Donald has allegedly stated that America will be over this and “open” by Easter!! Dream on Donald!

 

[Scribus]

Disgusting of Branson I would say, Clive hit the nail on the head, all the billions these big companies have made, where are the reserves.

Ryanair boast of having 4bn in reserve and have wondered aloud just how long they can survive without revenue, maybe up to 12 months but they really don't know.

Thatcher's mantra was survival of the fittest, has the current Tory party already forgotten the dogma of its heroine?

 

[curlietailz]

No. Air travel needs to be cut down vastly
We only need essential air travel from now on
Look at how pollution has cleared due to less airplanes and cars and industry

 

[Danllan]

Apparently he's now found some money....

Coronavirus: Sir Richard Branson pledges £215m boost to protect Virgin jobs

The businessman makes the pledge in a blog post in which he says his companies were in a "massive battle to survive".

news.sky.com

Easy to overlook a few hundred millions...

 

[Dr. Alkathene]

News reports this morning suggest the chancellor has stated that the airlines must find alternative ways of funding starting with shareholders. Fair enough - shareholders want the dividends so they perhaps need to dig into their pockets now rather than the good old tax payer having to stump up the bill. I was just writing a list down of all affected businesses last night and ran out of paper. The economic “stretch” of this is so wide, that a domino effect would easily happen. Then what? Anyway a bit of good news. Donald has allegedly stated that America will be over this and “open” by Easter!! Dream on Donald!

He didn’t specify Easter this year, next year or beyond in the clip I listened to....

 

[Martin Holden]

He didn’t specify Easter this year, next year or beyond in the clip I listened to....

The inference was this year as I understood it. Maybe he is actually a cleverer than we think??

 

[Dr. Alkathene]

The inference was this year as I understood it. Maybe he is actually a cleverer than we think??

He is a politician, he probably doesn’t write his own speeches. That’s what he wants to lead you to think without actually saying it.

When someone like Trump speaks what they don’t say is as important as what they do tell you.

 

[JimAndy]

my view is that if they been paying their full tax amount to he UK then the UK should help them. If they have their "HQ" in a low tax country to get out off paying their tax to the UK. let them rot

 

[Henarar]

No
And when this looks to be getting back to normal tax the hell out of air travel, thats if there really is a climate emergency
They hauled the kung flu round the world so sod them