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nighthawk
Posts: 4763
Joined: Sun Sep 16, 2001 2:33 am

Virgin: All Profits Going To Charity

Fri Sep 22, 2006 12:36 am

Just heard on radio 1, Virgin Trains and Virgin Atlantic are to give all profits for the next few years to a charity help reverse the effects of global warming.

Are they mad?
 
behramjee
Posts: 4323
Joined: Sat Aug 02, 2003 4:56 am

RE: Virgin: All Profits Going To Charity

Fri Sep 22, 2006 12:41 am

and you believe it? lol
 
eric
Posts: 324
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RE: Virgin: All Profits Going To Charity

Fri Sep 22, 2006 12:43 am

n
 
CraigW
Posts: 110
Joined: Fri Aug 12, 2005 1:59 am

RE: Virgin: All Profits Going To Charity

Fri Sep 22, 2006 3:52 am

Virgin and Richard Branson to be commended. Have just seen the report on Sky and yes it is great publicity for RB, however, Global warming is extremely serious and if this is what needed to get people and perhaps even other companies to start taking appropriate action, all the better!

Craig
 
coyoteguy
Posts: 465
Joined: Tue Oct 02, 2001 8:58 pm

RE: Virgin: All Profits Going To Charity

Fri Sep 22, 2006 4:04 am

Excellent news. I've always liked Branson, this adds to my reasons.
 
Tango-Bravo
Posts: 2887
Joined: Sun Jun 17, 2001 1:04 am

RE: Virgin: All Profits Going To Charity

Fri Sep 22, 2006 4:05 am

Quoting Nighthawk (Thread starter):
Virgin Trains and Virgin Atlantic are to give all profits for the next few years to a charity help reverse the effects of global warming.

Are they mad?

If throwing million$ or billion$ at mostly self-serving researchers to engage in never-ending research that yields no meaningful results except to manufacture "reasons" for individual and corporate philanthropers to throw even more million$ and billion$ at still more research...and so on...and so on is mad, the answer is yes.
 
aad665
Posts: 222
Joined: Tue Dec 21, 1999 11:03 am

RE: Virgin: All Profits Going To Charity

Fri Sep 22, 2006 4:06 am

Singapore Airline is 49% shareholders of Virgin Atlantic...how they will like it?
 
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FlyCaledonian
Posts: 1731
Joined: Mon Dec 29, 2003 6:18 am

RE: Virgin: All Profits Going To Charity

Fri Sep 22, 2006 4:37 am

So more publicity for Virgin. It's not going to charity either, but inro a fun called Virgin Fuels that will develop new energy sources. Now call me a cynic, but that stands to make Virgin a lot of money in the future! Hmmmm, use your rail and airline profits to develop a bio-fuel, so you don't need to use oil? And who to you buy it off? Virgin Fuels!

Yes, it's good he's doing this, but as ever with Branson it meets his own ends too.
Let's Go British Caledonian!
 
slider
Posts: 6805
Joined: Wed Feb 25, 2004 11:42 pm

RE: Virgin: All Profits Going To Charity

Fri Sep 22, 2006 4:42 am

Quoting CraigW (Reply 3):
Global warming is extremely serious

The viability of the airline industry is serious. Profits? Ha! It'd be nice to just break even!

Good for SRB...whatever floats your boat. It's better than that cockamamie involuntary money grab that the EU and Chirac were pushing to extort the airline industry for a massive green tax.
 
MD95
Posts: 86
Joined: Wed Apr 06, 2005 3:27 am

RE: Virgin: All Profits Going To Charity

Fri Sep 22, 2006 4:43 am

I tought was Branson giving $ 3 bn from his personal fund, not Virgin. May be, on a different scale, he wants to emulate Bill Gates.  thumbsup   thumbsup 
dario

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