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IAG is a conglomerate with a bunch of Euro carriers.
The whole lot are gonna go under without some serious state support.0 -
Who is going to petition for their bankruptcy? Certainly not lenders who have no more use for empty planes than they do.surrey_commuter said:
I was trying to work out which airlines we think we should bail outrick_chasey said:Well quite.
if you want a jaw dropper, check out the Wizz Air opening this morning
BA - is IAG anything to do with UK?
Ryanair - doubt the Irish have the money
Virgin - feels British but nothing to do with us
EasyJet - probably the most British and best business model
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I was going to ask you about that; beat me to it. Sometimes it's better to be a chicken.rick_chasey said:RIP my bro in law's tracker: FTSE down 9% at pixel.
"I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
The investor saying is "only monkeys pick bottoms"Stevo_666 said:
I was going to ask you about that; beat me to it. Sometimes it's better to be a chicken.rick_chasey said:RIP my bro in law's tracker: FTSE down 9% at pixel.
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Just because it's a Sunday doesn't mean the crash is finished.Stevo_666 said:
I was going to ask you about that; beat me to it. Sometimes it's better to be a chicken.rick_chasey said:RIP my bro in law's tracker: FTSE down 9% at pixel.
I guess the other thing to note is crashes take weeks and months and are made of of bad days.0 -
I am confused, the only two options I can see are that you are saying they have no customers or are you saying I am an Easyjet customer, neither of which makes much sense.pblakeney said:
Can I play “Spot the Easyjet customer”?surrey_commuter said:
I was trying to work out which airlines we think we should bail outrick_chasey said:Well quite.
if you want a jaw dropper, check out the Wizz Air opening this morning
BA - is IAG anything to do with UK?
Ryanair - doubt the Irish have the money
Virgin - feels British but nothing to do with us
EasyJet - probably the most British and best business model
😂😉😂0 -
what happens when they run out of cash and can't pay the wages or buy fuel? I imagine existing lenders would try and bluff a Govt into doing the heavy lifting.TheBigBean said:
Who is going to petition for their bankruptcy? Certainly not lenders who have no more use for empty planes than they do.surrey_commuter said:
I was trying to work out which airlines we think we should bail outrick_chasey said:Well quite.
if you want a jaw dropper, check out the Wizz Air opening this morning
BA - is IAG anything to do with UK?
Ryanair - doubt the Irish have the money
Virgin - feels British but nothing to do with us
EasyJet - probably the most British and best business model0 -
Of course they will, along with everyone else. They don't need fuel as they are not flying. They do need a staff plan.surrey_commuter said:
what happens when they run out of cash and can't pay the wages or buy fuel? I imagine existing lenders would try and bluff a Govt into doing the heavy lifting.TheBigBean said:
Who is going to petition for their bankruptcy? Certainly not lenders who have no more use for empty planes than they do.surrey_commuter said:
I was trying to work out which airlines we think we should bail outrick_chasey said:Well quite.
if you want a jaw dropper, check out the Wizz Air opening this morning
BA - is IAG anything to do with UK?
Ryanair - doubt the Irish have the money
Virgin - feels British but nothing to do with us
EasyJet - probably the most British and best business model
Once the world has recovered, the same planes, the same airports, the same passengers and mostly the same staff will continue flying people around the world. Equity will have lost a lot, banks will have lost a lot and so will the staff.
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It was a lighthearted comment.surrey_commuter said:
I am confused, the only two options I can see are that you are saying they have no customers or are you saying I am an Easyjet customer, neither of which makes much sense.pblakeney said:
Can I play “Spot the Easyjet customer”?surrey_commuter said:
I was trying to work out which airlines we think we should bail outrick_chasey said:Well quite.
if you want a jaw dropper, check out the Wizz Air opening this morning
BA - is IAG anything to do with UK?
Ryanair - doubt the Irish have the money
Virgin - feels British but nothing to do with us
EasyJet - probably the most British and best business model
😂😉😂
Lighten up ffs.The above may be fact, or fiction, I may be serious, I may be jesting.
I am not sure. You have no chance.Veronese68 wrote:PB is the most sensible person on here.0 -
surrey_commuter said:
I was trying to work out which airlines we think we should bail outrick_chasey said:Well quite.
if you want a jaw dropper, check out the Wizz Air opening this morning
BA - is IAG anything to do with UK?
Ryanair - doubt the Irish have the money
Virgin - feels British but nothing to do with us
EasyJet - probably the most British and best business model
Ryanair are saying they'll stop 80% of flights now, and might stop completely after that, to preserve their financial position as much as possible.0 -
We could end up with a Corbynite wet dream of huge swathes of UK businesses having to be nationalised to survive the coming months.0
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Already got record fiscal expansion and highest tax take in 50 years so JC must be thinking job done.Pross said:We could end up with a Corbynite wet dream of huge swathes of UK businesses having to be nationalised to survive the coming months.
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So apparently the U.K. govt is seriously considering making broadband a proper public utility that people need-to-have by the government, who’ve got providers to agree to lift all data caps, prioritise repairs to the vulnerable, and avoid cutting off people who can’t pay their bills.
https://www.theguardian.com/world/2020/mar/29/broadband-providers-to-lift-data-caps-during-covid-19-lockdown?CMP=Share_iOSApp_Other
I think the govt is running out of labour policies to enact.0 -
No problem now that they have found Labour's money tree and are using it.rick_chasey said:So apparently the U.K. govt is seriously considering making broadband a proper public utility that people need-to-have by the government, who’ve got providers to agree to lift all data caps, prioritise repairs to the vulnerable, and avoid cutting off people who can’t pay their bills.
https://www.theguardian.com/world/2020/mar/29/broadband-providers-to-lift-data-caps-during-covid-19-lockdown?CMP=Share_iOSApp_Other
I think the govt is running out of labour policies to enact.
Edit - It's getting galling that I currently pay full whack for an unlimited and fast service which is seemingly getting throttled.
Edit 2 - Likely throttling culprit is VPN. Wonder what everyone is streaming that requires secrecy? 🤔🤣🤣🤣The above may be fact, or fiction, I may be serious, I may be jesting.
I am not sure. You have no chance.Veronese68 wrote:PB is the most sensible person on here.0 -
Better start voting for the party that does the stuff you want then Rick.rick_chasey said:So apparently the U.K. govt is seriously considering making broadband a proper public utility that people need-to-have by the government, who’ve got providers to agree to lift all data caps, prioritise repairs to the vulnerable, and avoid cutting off people who can’t pay their bills.
https://www.theguardian.com/world/2020/mar/29/broadband-providers-to-lift-data-caps-during-covid-19-lockdown?CMP=Share_iOSApp_Other
I think the govt is running out of labour policies to enact."I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
Stevo, I thought you agreed with everything that the Tories do, except Brexit.
You should have voted Labour, right?0 -
We are in extraordinary times as you well know.kingstongraham said:Stevo, I thought you agreed with everything that the Tories do, except Brexit.
You should have voted Labour, right?"I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
Lib Dems then yeah?Stevo_666 said:
Better start voting for the party that does the stuff you want then Rick.rick_chasey said:So apparently the U.K. govt is seriously considering making broadband a proper public utility that people need-to-have by the government, who’ve got providers to agree to lift all data caps, prioritise repairs to the vulnerable, and avoid cutting off people who can’t pay their bills.
https://www.theguardian.com/world/2020/mar/29/broadband-providers-to-lift-data-caps-during-covid-19-lockdown?CMP=Share_iOSApp_Other
I think the govt is running out of labour policies to enact.0 -
They're not doing anything much as far as I can see?rick_chasey said:
Lib Dems then yeah?Stevo_666 said:
Better start voting for the party that does the stuff you want then Rick.rick_chasey said:So apparently the U.K. govt is seriously considering making broadband a proper public utility that people need-to-have by the government, who’ve got providers to agree to lift all data caps, prioritise repairs to the vulnerable, and avoid cutting off people who can’t pay their bills.
https://www.theguardian.com/world/2020/mar/29/broadband-providers-to-lift-data-caps-during-covid-19-lockdown?CMP=Share_iOSApp_Other
I think the govt is running out of labour policies to enact."I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
Quite tough to since they’re not in govt.
Which labour policy that the Tories have enacted is your favourite?0 -
No particular favourites, but extraordinary times demand extraordinary measures.rick_chasey said:Quite tough to since they’re not in govt.
Which labour policy that the Tories have enacted is your favourite?
Which ones do you object to?"I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
Leaving the European health kit purchasing scheme or whatever it is called and continuing to say Brexit will happen in 2020.Stevo_666 said:
No particular favourites, but extraordinary times demand extraordinary measures.rick_chasey said:Quite tough to since they’re not in govt.
Which labour policy that the Tories have enacted is your favourite?
Which ones do you object to?0 -
Didn't you comment earlier that Europe has ended up buying in duff stuff from China? If so it was probably better not to have been involved.rick_chasey said:
Leaving the European health kit purchasing scheme or whatever it is called and continuing to say Brexit will happen in 2020.Stevo_666 said:
No particular favourites, but extraordinary times demand extraordinary measures.rick_chasey said:Quite tough to since they’re not in govt.
Which labour policy that the Tories have enacted is your favourite?
Which ones do you object to?0 -
It has - Netherlands has just had to recall and bin over half a million China sourced masks that were defective.Pross said:
Didn't you comment earlier that Europe has ended up buying in duff stuff from China? If so it was probably better not to have been involved.rick_chasey said:
Leaving the European health kit purchasing scheme or whatever it is called and continuing to say Brexit will happen in 2020.Stevo_666 said:
No particular favourites, but extraordinary times demand extraordinary measures.rick_chasey said:Quite tough to since they’re not in govt.
Which labour policy that the Tories have enacted is your favourite?
Which ones do you object to?"I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
No they were donations from China.Pross said:
Didn't you comment earlier that Europe has ended up buying in duff stuff from China? If so it was probably better not to have been involved.rick_chasey said:
Leaving the European health kit purchasing scheme or whatever it is called and continuing to say Brexit will happen in 2020.Stevo_666 said:
No particular favourites, but extraordinary times demand extraordinary measures.rick_chasey said:Quite tough to since they’re not in govt.
Which labour policy that the Tories have enacted is your favourite?
Which ones do you object to?0 -
Fiscal expansion rather than delaying budget by a week to see how C19 was playing outrick_chasey said:
Leaving the European health kit purchasing scheme or whatever it is called and continuing to say Brexit will happen in 2020.Stevo_666 said:
No particular favourites, but extraordinary times demand extraordinary measures.rick_chasey said:Quite tough to since they’re not in govt.
Which labour policy that the Tories have enacted is your favourite?
Which ones do you object to?0 -
Remember how the government were boycotting the BBC even into the end of February? I remember seeing Jeremy Hunt on the news giving the government view on the coronavirus and thinking "why aren't they taking this seriously?".
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Going on TV in mid-March appealing for somebody to make ventilators rather than doing it sensibly in Jan or Feb0
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Only sorting out enough tests for 500 NHS frontline staff per day.
Maybe they could free up time by not holding meeting to plan talking bow locks. Are we on 10,000, 25,000 or 250,0000 -
Why not negotiate with private hospitals back in Jan rather than mid March.0