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Leeds Bradford - General Thread


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paully

Well-Known Member
Jan 22, 2018
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What he`s actually saying is that the Government will only act as the lender of last resort, not the first. He`s told them, quite rightly, to seek assistance from their funders and shareholders and only when all avenues have been exhausted will the government step in. I think that is sensible and it throws down the gauntlet to people like Walsh and Branson not to mention Easyjet who paid out £170m in dividends before holding out the begging bowl.

As to airports, sorry but many on here will not like this, but there is a thought stream and most likely in Government too, that there are too many airports in the UK, as it is. Some will inevitably go to the wall. The Dept of Transport will already have a list.
 

Jerry

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As to airports, sorry but many on here will not like this, but there is a thought stream and most likely in Government too, that there are too many airports in the UK, as it is. Some will inevitably go to the wall. The Dept of Transport will already have a list.
I've seen that argument put out before that the country only really needs Heathrow, Gatwick, Stansted, Bristol, Birmingham, Manchester, Newcastle, a Scottish central belt airport, Aberdeen, Inverness, Belfast and Newquay
 

stars&sids

Active Member
Jun 20, 2010
124
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I've seen that argument put out before that the country only really needs Heathrow, Gatwick, Stansted, Bristol, Birmingham, Manchester, Newcastle, a Scottish central belt airport, Aberdeen, Inverness, Belfast and Newquay
That’s an argument that insults every air traveller East of the Pennines. It’s not like we’ve got a great public transport service to get us to Manchester Birmingham or even Newcastle, so we’ll all be driving our electric cars there by the sound of it.
 

Len Fish

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Jun 5, 2017
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On the face of it it doesn’t seem unreasonable that he’s asking the profitable companies to dip into their own pockets first but I suspect he’s only put back the time when a Government bale out is inevitable.
 

Jerry

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That’s an argument that insults every air traveller East of the Pennines. It’s not like we’ve got a great public transport service to get us to Manchester Birmingham or even Newcastle, so we’ll all be driving our electric cars there by the sound of it.
Well that's the argument people make especially as most people drive to airports. Airports like MAN and BHX and LHR aren't that far of a drive for the bulk of the population which I've also seen as part of the argument for Cardiff not to exist.
 

lbaspotter

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Jan 14, 2009
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Well it would seem some bulls--t is being spread about by the press as regards the Government not supporting UK aviation, that's if you are to believe what the union BALPA are saying right now

They have just released the following statement.


I hope those whom have had dig at the government in the past 24 hours over this might now wind there necks in!
 
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Aviador

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Jan 12, 2009
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Every sector wants their area protected properly but the stark reality of the current situation is the government can only do so much. Take the self employed for example, whilst not all self employed will abuse the tax system, a great number of them will avoid paying tax during normal times. So you could argue that in not contributing to the tax system sufficiently, should they really be eligible for any help?
 

Offint

Premium Member Plus
Feb 6, 2016
1,151
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Ilkley
Many are deserving....Virgin though....hmmm...what is Branson's tax status in the UK? I'm guessing caution about these payouts relate to Virgin too.
Tell him to bugger off....he has houses all over the world, private island and wants us the UK tax payer to give him money...no give it to the NHS who actually deserve it. He’s a resident in Monaco (tax purposes), sure I bumped into him at the local Aldi there last year. He was buying some veg and I bought a 2 man tent and mig welder.
 

Jerry

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Tell him to bugger off....he has houses all over the world, private island and wants us the UK tax payer to give him money...no give it to the NHS who actually deserve it. He’s a resident in Monaco (tax purposes), sure I bumped into him at the local Aldi there last year. He was buying some veg and I bought a 2 man tent and mig welder.
I read somewhere that Branson was going to put over £200 million into Virgin.
 

twevsmiff

Platinum Member
May 9, 2014
2,106
183
Airport closing at 1700 local today.
Assume this will be every day now as we only have 1 and some times 2 scheduled flights per day and they are both in morning
 

Severn

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Mar 24, 2012
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It is easy to use Richard Branson as a scapegoat here, but I'm not sure if it's that useful. Remember he is the founder of the Virgin Group which has over 70,000 employees worldwide. He also founded Virgin Atlantic, but he is not the CEO nor Chairman of the airline which has it's own corporate structure, and he will of course not be the sole decision maker.

The latest news regarding him reports that he is investing $250M of his money into the group:

Richard Branson to invest $250m in Virgin empire
Billionaire moves to protect jobs as talks continue on airline industry bailout

Richard Branson, the British billionaire, has committed to investing $250m into his Virgin empire to protect jobs as the UK government draws up plans to take equity stakes in airlines, including Virgin Atlantic, to counter the effects of the coronavirus crisis.
Sir Richard wrote in a blog post on Sunday that the chances of securing a widespread economic recovery would “depend critically upon governments around the world” implementing support programmes.
It comes as talks between airlines and the UK government have continued this weekend as the latter draws up plans for a politically difficult bailout of a sector that has been blighted by a virtual shutdown of international travel.
The Financial Times revealed on Saturday that the government was drafting a scheme that could see it buy equity stakes in carriers and other companies hardest hit by the coronavirus crisis, after warnings that the economic packages it had announced would not be enough to save them.
Airlines are expecting to hold another meeting with the government on Monday. One official said there would be daily talks with the industry this week.
The official confirmed on Sunday that talks were going on about “something more bespoke”, which could see the government end up with large equity stakes in some of the airlines. But the official added that “we are not there yet” in terms of the final shape of any rescue package.
If enacted, the plans under discussion would see the UK taxpayer inject billions of pounds into companies in exchange for shares that would eventually be sold back to private investors, according to three people briefed on the proposals.
One of the people said that the likelihood of taking outright equity positions in the airlines was dependent on the length of time that the global aviation industry was effectively shut down. More conventional rescue measures like loans, guarantees and tax relief would not be sufficient if the shutdown were to drag on for many months, they said.
They added that the government could provide debt to the airlines that would subsequently convert into equity, making the taxpayer a substantial shareholder in the airlines.
But this prospect has been made more likely after the outlook for the airline industry dramatically worsened over the past week.
Dubai-based Emirates on Sunday became the latest carrier to warn that it will almost entirely ground its passenger aircraft from Wednesday. Both easyJet and Ryanair, Europe’s largest low-cost airline, have announced similar moves, which are expected to come into effect from Tuesday.
Carriers are now preparing for a lengthy shutdown in air travel across much of the world. Michael O’Leary, Ryanair’s chief executive, on Friday told the Financial Times that the airline expected a best-case scenario of no air travel of at least two to three months. But he admitted that “honestly none of us have any idea”.
Two airline executives said they were, for now, focused on using help from the government on payroll support which would help carriers deal with short-term cash issues.
Virgin Atlantic has been one of the most vocal UK airlines in calling for state aid. Sir Richard, the chairman of Virgin Group which owns a majority stake in Virgin Atlantic, last week urged the government to provide up to £7.5bn of emergency state support to rescue the UK aviation industry.
On his blog, Sir Richard said that his businesses, which span industries such as travel, leisure and wellness, were in a “massive battle to survive”.

“Our airlines have had to ground almost all their planes; our cruise line has had to postpone its launch; our health clubs and hotels have had to close their doors and all bookings to our holiday company have stopped,” he wrote.
 

Tarn Spotter

Platinum Member
Nov 5, 2012
1,085
113
Its like a scratched recored repeating itself...WTF does he fly?
In
Here we go again. Didn't you say you had 5 up and coming flights booked? How are your airline shares performing during this crisis? I guess your gas guzzling road haulage business wont be doing very well at the moment? At least the emissions from the road haulage businesses will be greatly reduced during this time. Something else the government will need to address to get on top of emissions.
In my defence, my warehouse and transport business at the moment working flat out delivery vital NHS equipment and PPE equipment as we have done for decades.
In addition its working 24/7 to supply supermarkets with food from the manufacturers we work for.
My son is a Funeral Director, his vehicles also chugging out fumes, sad you feel both my vehicles and his should be removed from the road at this critical time or any other.
We have actually doubled the number of vehicles on the road in the last two weeks and we hopefully start individual food deliveries next week to those 1.5m people having no support,thanks lmust be given to the IT experts who hourly increasing the capacity of our systems.
I never check the price of my shares in circumstances like we have at present.
I am surprised at the cheap point scoring.
 

Seasider

Premium Member
I've upgraded to support F4A!
Jan 16, 2009
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East Coast
I am predicting in 6/12 months time we will be discussing the Airport's successful attempts at getting us back to "normal". Jet2 will have taken the lead in leading the recovery, the 737Max will be flying in the skies and LBA management will be planning the new New Terminal they have just been given approval for.
That is not a dream or wishful thinking, I think it will happen.
Love to all forum members. :love::love::love::love::love:
 

Offint

Premium Member Plus
Feb 6, 2016
1,151
233
Ilkley
It is easy to use Richard Branson as a scapegoat here, but I'm not sure if it's that useful. Remember he is the founder of the Virgin Group which has over 70,000 employees worldwide. He also founded Virgin Atlantic, but he is not the CEO nor Chairman of the airline which has it's own corporate structure, and he will of course not be the sole decision maker.

The latest news regarding him reports that he is investing $250M of his money into the group:

Richard Branson to invest $250m in Virgin empire
Billionaire moves to protect jobs as talks continue on airline industry bailout

Richard Branson, the British billionaire, has committed to investing $250m into his Virgin empire to protect jobs as the UK government draws up plans to take equity stakes in airlines, including Virgin Atlantic, to counter the effects of the coronavirus crisis.
Sir Richard wrote in a blog post on Sunday that the chances of securing a widespread economic recovery would “depend critically upon governments around the world” implementing support programmes.
It comes as talks between airlines and the UK government have continued this weekend as the latter draws up plans for a politically difficult bailout of a sector that has been blighted by a virtual shutdown of international travel.
The Financial Times revealed on Saturday that the government was drafting a scheme that could see it buy equity stakes in carriers and other companies hardest hit by the coronavirus crisis, after warnings that the economic packages it had announced would not be enough to save them.
Airlines are expecting to hold another meeting with the government on Monday. One official said there would be daily talks with the industry this week.
The official confirmed on Sunday that talks were going on about “something more bespoke”, which could see the government end up with large equity stakes in some of the airlines. But the official added that “we are not there yet” in terms of the final shape of any rescue package.
If enacted, the plans under discussion would see the UK taxpayer inject billions of pounds into companies in exchange for shares that would eventually be sold back to private investors, according to three people briefed on the proposals.
One of the people said that the likelihood of taking outright equity positions in the airlines was dependent on the length of time that the global aviation industry was effectively shut down. More conventional rescue measures like loans, guarantees and tax relief would not be sufficient if the shutdown were to drag on for many months, they said.
They added that the government could provide debt to the airlines that would subsequently convert into equity, making the taxpayer a substantial shareholder in the airlines.
But this prospect has been made more likely after the outlook for the airline industry dramatically worsened over the past week.
Dubai-based Emirates on Sunday became the latest carrier to warn that it will almost entirely ground its passenger aircraft from Wednesday. Both easyJet and Ryanair, Europe’s largest low-cost airline, have announced similar moves, which are expected to come into effect from Tuesday.
Carriers are now preparing for a lengthy shutdown in air travel across much of the world. Michael O’Leary, Ryanair’s chief executive, on Friday told the Financial Times that the airline expected a best-case scenario of no air travel of at least two to three months. But he admitted that “honestly none of us have any idea”.
Two airline executives said they were, for now, focused on using help from the government on payroll support which would help carriers deal with short-term cash issues.
Virgin Atlantic has been one of the most vocal UK airlines in calling for state aid. Sir Richard, the chairman of Virgin Group which owns a majority stake in Virgin Atlantic, last week urged the government to provide up to £7.5bn of emergency state support to rescue the UK aviation industry.
On his blog, Sir Richard said that his businesses, which span industries such as travel, leisure and wellness, were in a “massive battle to survive”.

“Our airlines have had to ground almost all their planes; our cruise line has had to postpone its launch; our health clubs and hotels have had to close their doors and all bookings to our holiday company have stopped,” he wrote.
For a man who's net worth is 4.1 billion its petty cash!
 

stars&sids

Active Member
Jun 20, 2010
124
43
Well that's the argument people make especially as most people drive to airports. Airports like MAN and BHX and LHR aren't that far of a drive for the bulk of the population which I've also seen as part of the argument for Cardiff not to exist.
Sorry Jerry, I wasn’t intending to have a pop at you, but I just think that if that were any sort of official policy, it would be massively flawed given the population of the east Mids/ Yorkshire/ Lincolnshire etc.
 

stars&sids

Active Member
Jun 20, 2010
124
43
Tell him to bugger off....he has houses all over the world, private island and wants us the UK tax payer to give him money...no give it to the NHS who actually deserve it. He’s a resident in Monaco (tax purposes), sure I bumped into him at the local Aldi there last year. He was buying some veg and I bought a 2 man tent and mig welder.
Go on then, I’m dying to know…… You were in Monaco buying a 2 man tent & a mig welder from Aldi. There must be a good tale behind that!
 
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