Bailout virgin using own money.

https://www.bbc.com/news/business-52354865

Why Thambi Tony have to use tax money to bail out his airline?

Rich people embracing communism!
Poor people kena capitalism!

Cum and protex! protex! protex!

What thambi.... He is bestow title of Datuk.
How can you disrepect someone who is going to rip off public fund to bail out his company

apa nama richard know his gov not gonna give help. so no ask.

Datuk T know the gov gonna approve his request.
so why want to reject free money from gov ?

After goreng AAX + AA shares.
Still want bail out $$ ?

Rugi - use other people money

Untung - simpan poket sendiri

This is a loving boss,

All bosses here on LYN take heed......

Sir Richard branson You have my upmost respect.

seriously, all these money rather save in his own pocket ?

i know a lot small companies boss that humbly use their own money fr emergency like this

i got another reason not to use airasia, which i have been doing so in the past 5 years

rules of business

jangan pakai duit sendiri

Talk kok pandai. Use MAS, also govt bail out.

article said richard also asked for government loan but didnt get la

tony learnt from him

haha this is funny.

Why don’t he bailout out usin gv money he got from airbus

One is lapsap/rubbish/taik, started by being crony and forever still crony kok suker...while the other invested heavily into other businesses and used his own money to bail out workers (20%, gomen pay 80%) and gadai his assets to keep his staff while thambi enjoy his korea wife and kicked out his staff...keeping his home and money in cayman..

at least MAS doesnt scam their passenger with low class service and shitty treatment
If anyone wants to charge me expensive and give expensive quality, I am happily give them my money. But if anyone wanted to charge me cheap but will treat ppl like shit, I'd rather keep the money.

that thambi - dah lah dont want to refund ppl in cash
but ada muka nak mintak bail out ?

your kapal terbang banyak, jual sebiji berapa juta boleh cover staff for at least a month d ...

now acting like this - no difference from MH and any other GLC here ....

Richard branson offers his private island as a collateral to get a loan from the government.

Tony fernandes requests a loan from the government.

What’s the difference here? Both also asking government’s aid.

This

Very big difference. Thambi is using korean wife as collateral?

Lol do you think that the government or any other financial institutions are going to make a corporate loan of huge financing amount to AA without requiring collateral?

Offering company assets as collateral vs personal assets as collateral is different though. It speaks different volume too.

A businessman that only willing to offer company assets = I'm only willing to invest this much into this business.

A businessman that offer personal assets = I'm willing to add this much into what I've already invested.

Easy to see who is more invested in their business.

AA is posed to merge with MAS , lot of dressing codes and management may change...

Virgin Atlantic -Aussie already down, gov not bailing out...Sir Richard Branson only 10% shares.. the rest are Sing Airline and Eihthidad

rarely bosses will do so.. especially personal assets ...

after this most Msia SME bosses and big MNC will close it down to cut cost.. most will shift all assets out of the company

pleading own asset unless company is his own made blood and effort

Singapore the large oil company also no care and falling down.. with billions of debts... many banks affected, CIMB i think is one of it

Bail his lanjiao
THAMBI

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his wealth sudah reduced by 1/3. now left $300m +. u want him become poor or what? what can he eat if his wealth drop below $300m? no kesian ke? u fckg rich-hated-poor-bastard. if u poor, please stay poor, don't hate the rich who strive to maintain their wealth.

This post has been edited by WinkyJr: Apr 22 2020, 08:07 PM

both mab and aa plz shutdown

fuck off fckin scum

RB restructures VA without the Australia govt bailout = many job losses. He can cut as many jobs as the administration committee sees fit. Job losses?? Oh well they could join the dole queue.

TF wanting to restructure AA?? TF hasn't cut any jobs yet and seems salaries are still being paid. Why a bailout? Simple, any plans to cut cost must involve staff reduction something the PeNipu Govt is asking companies to avoid at all cost. Also comes with plenty of other protective measures.

TF may be a wealthy man indeed but that does not mean he is flushed with cash as much of it are probably in stocks and other assets that aren't so quick or easy to convert to cash. Also he could bring those assets to a bank and ask for collateral true but which bank is going to take on such a risk? A bailout here essentially requires a government guarantee for loans........ heck Proton had been bailed out for donkey years even times were good and bad but caused you nothing but misery of high car prices, you won't save an airline that brings in millions of tourist and supports millions of jobs?

You want AA to fail?? Sure.... how are you going to pay for KLIA2?? Do you know how much in airport tax AA collects? Are you all cool with all the ground staff of KLIA2 being made redundant? How about all the F&B outlets as well as all the other shops within that terminal shutting down? Nope, there isn't going to be another airline that could take up the slack in the near term and probably be a very long term before anything could happen.

Kasi chance la macha.
Now ppl stress liau. Need to baca more.

This post has been edited by staind: Apr 22 2020, 08:30 PM

The people will always end up as suckers.

sorry Tony. Madey letak jawatan peeyem already.

https://metro.co.uk/2018/12/15/richard-bran...lement-8250870/ --> Did Tony sue a national health service for not getting contract like Dick does?

his argument is just aa staff.