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Author Topic: Vegas Trip Information for anyone looking to go this year.  (Read 572712 times)
Doobs
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« Reply #5415 on: April 20, 2020, 03:26:06 PM »

Tax dodger falls on hard times; maybe just return his taxes?  Sad times for accumulators of points though.

https://www.bbc.co.uk/news/business-52354865
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« Reply #5416 on: April 20, 2020, 04:03:47 PM »

I know he doesn't pay taxes, but most rich people do in some way, and I'd guess that VA does?

I don't see how it's that bad or OOL. They have to pay the dough back, and better than ~10,000 people being out of work.

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« Reply #5417 on: April 20, 2020, 09:29:21 PM »

GG WSOP.
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« Reply #5418 on: April 20, 2020, 09:34:40 PM »

https://www.wsop.com/news/2020/Apr/12325/2020-WORLD-SERIES-OF-POKER-POSTPONED.html
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« Reply #5419 on: April 20, 2020, 10:01:31 PM »

We all knew that was coming.

Think I'm going for HGS in November now.
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« Reply #5420 on: April 20, 2020, 11:57:11 PM »

I know he doesn't pay taxes, but most rich people do in some way, and I'd guess that VA does?

I don't see how it's that bad or OOL. They have to pay the dough back, and better than ~10,000 people being out of work.



I am not massively against him, I liked his trains and his airline.  I will say that if the loans are on "commercial" terms then surely he can get them from a "commercial" organisation?  Maybe he isn't suggesting they are on commercial terms after all?  Maybe I'm just pissed that all my taxes didn't mean I got support? (not really serious, sure I'll manage somehow without having to sell my private island)

Nothing to do with Branson, but I think the States agreed a $25 billion bailout of the airline industry there the day after Trump announced they were stopping their $1 billion contribution to the WHO.  Strange priorities.

   
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« Reply #5421 on: April 21, 2020, 12:01:15 AM »

I know he doesn't pay taxes, but most rich people do in some way, and I'd guess that VA does?

I don't see how it's that bad or OOL. They have to pay the dough back, and better than ~10,000 people being out of work.



I am not massively against him, I liked his trains and his airline.  I will say that if the loans are on "commercial" terms then surely he can get them from a "commercial" organisation?  Maybe he isn't suggesting they are on commercial terms after all?  Maybe I'm just pissed that all my taxes didn't mean I got support? (not really serious, sure I'll manage somehow without having to sell my private island)

Nothing to do with Branson, but I think the States agreed a $25 billion bailout of the airline industry there the day after Trump announced they were stopping their $1 billion contribution to the WHO.  Strange priorities.

I'd prefer bigger portions of food, but other than that I've no gripes. I'm guessing the interest rates are lower if done through the government? Their terms were for bigger loans collateral required, which I'm guessing necker is worth a few nicker.

Surely they should get a few quid of that, seeing as Delta own 1/2 of VA?
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« Reply #5422 on: April 21, 2020, 12:20:59 AM »

I know he doesn't pay taxes, but most rich people do in some way, and I'd guess that VA does?

I don't see how it's that bad or OOL. They have to pay the dough back, and better than ~10,000 people being out of work.



I am not massively against him, I liked his trains and his airline.  I will say that if the loans are on "commercial" terms then surely he can get them from a "commercial" organisation?  Maybe he isn't suggesting they are on commercial terms after all?  Maybe I'm just pissed that all my taxes didn't mean I got support? (not really serious, sure I'll manage somehow without having to sell my private island)

Nothing to do with Branson, but I think the States agreed a $25 billion bailout of the airline industry there the day after Trump announced they were stopping their $1 billion contribution to the WHO.  Strange priorities.

I'd prefer bigger portions of food, but other than that I've no gripes. I'm guessing the interest rates are lower if done through the government? Their terms were for bigger loans collateral required, which I'm guessing necker is worth a few nicker.

Surely they should get a few quid of that, seeing as Delta own 1/2 of VA?

I think what he is asking for is a loan on favourable terms, not commercial ones.

I don't know how much Delta got, but having money in the Group didn't mean it was available to FlyBE, so there is no certainty it will mean anything for Virgin Atlantic?  I haven't looked in detail at the US Airline bailout, just seemed jarring at the time the WHO had their funding cancelled.
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« Reply #5423 on: April 21, 2020, 01:11:05 AM »

He's just lumped $250m in as well, so not sure he'll let the airline go to the wall. All posturing, which is to be expected.

I had a look on Twitter, and most of the threads are just stuff that makes your eyes bleed.
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« Reply #5424 on: April 21, 2020, 08:46:04 PM »

Tried moving my June Nomad reservation to November, because it had better free play, but no dice.

Booked up 6th-22nd anyway, and hopefully get to do UFC in December, too.
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« Reply #5425 on: May 06, 2020, 09:46:06 PM »

Good podcast with the CEO and a couple of the hosts from Plaza, talking about their plans for how they'll approach the future and re-opening - https://www.plazahotelcasino.com/blog/on-the-corner-of-main-street-podcast-ep-6-shut-it-down/
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« Reply #5426 on: May 07, 2020, 07:38:46 AM »

I know he doesn't pay taxes, but most rich people do in some way, and I'd guess that VA does?

I don't see how it's that bad or OOL. They have to pay the dough back, and better than ~10,000 people being out of work.



I am not massively against him, I liked his trains and his airline.  I will say that if the loans are on "commercial" terms then surely he can get them from a "commercial" organisation?  Maybe he isn't suggesting they are on commercial terms after all?  Maybe I'm just pissed that all my taxes didn't mean I got support? (not really serious, sure I'll manage somehow without having to sell my private island)

Nothing to do with Branson, but I think the States agreed a $25 billion bailout of the airline industry there the day after Trump announced they were stopping their $1 billion contribution to the WHO.  Strange priorities.

I'd prefer bigger portions of food, but other than that I've no gripes. I'm guessing the interest rates are lower if done through the government? Their terms were for bigger loans collateral required, which I'm guessing necker is worth a few nicker.

Surely they should get a few quid of that, seeing as Delta own 1/2 of VA?

I think what he is asking for is a loan on favourable terms, not commercial ones.

I don't know how much Delta got, but having money in the Group didn't mean it was available to FlyBE, so there is no certainty it will mean anything for Virgin Atlantic?  I haven't looked in detail at the US Airline bailout, just seemed jarring at the time the WHO had their funding cancelled.

I read it was a strict condition that zero US bailout funds were allowed to be used to support non US subsidiaries.
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« Reply #5427 on: May 11, 2020, 03:06:13 AM »

Nice sitdown with Richard Wilk from The D, who was in the Louis Theroux doc back in the day.



Matt had a couple of these with him, and Richard seems like a decent bloke. They talk about Vegas going forward, and just a general chit chat.
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Marky147
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« Reply #5428 on: May 25, 2020, 06:39:11 PM »

Virgin cancelled my flights for next month today, be interesting to see how things play out over the next few months.

First option is keep it on credit until 2022, with no change fee, and pay any airfare diff.

Second is use before 30th November 2020 and no airfare diff or change fee charged, which I'll do if I can go for Xmas or HGS in November.

Last one is a refund, which you likely wouldn't get until September anyway, given all the red tape and undoubted avalanche they're under atm.
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« Reply #5429 on: May 26, 2020, 05:46:36 PM »

Option 3, claim refund - who knows if they’ll still be trading in 2022? Get the refund claim in early. Waiting until September for full refund beats a few pence in the £1 ‘dividend’ via an insolvency process, one day. And believe me, as wealthy as Branson is, he’ll enjoy the benefit of limited liability >  pumping money into a loss-making business until he runs low, if it comes to it. I believe Mr Buffett sold some significant investments in major US airlines already.
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