tyb
you want a new one with the late notables?
there were a few
>>9033220 updated with late and additions
#11562 posted in #11563
notables, not endorsements
>>9032670 POTUS Schedule for Tuesday, May 5, 2020
>>9032580 , >>9032592 List of articles and links in Q's image
>>9032516 , >>9032518 Epstein court doc names 70 people who ‘knew of sex trafficking'
>>9032501 Hydroxychloroquine + [additional] = cures and treatments
newbaker/notetaker
>>9032772 Largest supermarket chain in the US is limiting beef and pork purchases over shortages from pandemic-the blaze
>>9032796 Judge rules Trump tweets not declassification orders and sides with DOJ to keep Carter Page FISA documents redacted-washexam
>>9032729 Audit Update: Nearly $100M Embezzled in Mississippi DHS according to single audit
>>9032811, >>9032832, >>9032843 The Pseudo-Science Behind The Mysterious Assault On Hydroxychloroquine-zh
>>9032914 U.S., U.K. Surface Warships Patrol Barents Sea For First Time Since the 1980s usni.com
>>9032946 New POTUS TWAT
>>9032978 OHIO GOVERNOR IS WARNING CITIZENS NOT TO PROTEST NEWS MEDIA
>>9032982 pf report
>>9033038 The Eta Aquariid meteor shower is expected to peak on Tuesday, but a nearly full moon could outshine the show-cnn
>>9033071 Mexico urges U.S. to probe of 'all' officials with ties to ex-minister-yahoonews
>>9033119 Boatfag report
>>9033136 Ted Cruz Twat..responds to Bernie and BHTFO
>>9033218 Tanzania: Testing kits report goat, papaya Covid-19 postive, presidential probe ordered- no mango's? kek
Virgin Australia Seeks $130M To Remain Operational
Just how cash-strapped Virgin Australia was when it collapsed is now becoming clear. There are reports the airline was down to avgas fumes in its last days, going into voluntary administration with under USD$20 million in spare cash. As a result, Virgin Australia’s administrators, Deloitte, are going to borrow approximately USD$129 million to keep the airline flying. According to The Australian, the money will keep the current skeleton services flying while Virgin Australia is prepared for sale. The report tallies with earlier suggestions Virgin Australia had approached the Australian Government up to eight times in its final weeks, seeking ever-decreasing amounts to keep flying in the short-term. The last rejected request was said to be for around USD$130 million.
Subsequently, Virgin Australia entered voluntary administration in mid-April. Voluntary administration has similarities to the U.S. Chapter 11 restructuring process. If The Australian is correct in suggesting Virgin Australia was down to just USD$20 million, it means the airline had burnt through hundreds of millions in cash in just months. The airline wrapped up 2019 with declared cash reserves of some USD$707 million.
Armed with this previously undisclosed information, it’s no wonder Virgin Australia’s owners declined to tip more money into the airline in the lead up to voluntary administration.
Assuming the Australian Government was also aware of the cash burn, their decision not to tip taxpayer funds into Virgin Australia would also be applauded. There remains a significant focus on selling Virgin Australia as an ongoing and viable business. The view of both Virgin Australia and Deloitte is that this will extract maximum value for creditors.
The problem for both the airline and its administrator are the ongoing costs of keeping the airline intact. This comes despite the Australian Government presently underwriting some international flights and key domestic and regional services. Bids for Virgin Australia are due in mid-May. Right now, there is a wide field of possible bidders, some more likely than others. There is an expectation that the various bidders will coalesce into consortiums, effectively narrowing the field.
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Two of the strongest bidders will be the consortiums centered around local private equity firm BGH Capital and investment bank powerhouse Macquarie.
BGH Capital has teamed up with the USD$100 billion superannuation fund, AustralianSuper. BGH Capital has close ties with Temasek Holdings, owner of Singapore Airlines. That airline holds a now largely worthless 20% stake in Virgin Australia. Also, with links to BGH Capital is the Victorian Government and trucking and logistics billionaire, Lindsay Fox. In the Macquarie camp is the multi-billion dollar conglomerate Wesfarmers and Brookfield Asset Management.
There are strong indicators U.S. low-cost airline operator Indigo Partners is interested in Virgin Australia. There are also indicators Indigo may join the Macquarie consortium. That leaves a host of equity funds and interested bidders circling outside these two larger consortiums. These include Oaktree Capital and Etihad, Bain Capital, Apollo Asset Management. More unlikely prospects are The Virgin Group, the Queensland Government, and Western Australia mining magnate Andrew Forrest.
The administrator’s preferred outcome is to have about three consortiums bid for Virgin Australia.
The need for Deloitte to borrow further funds to keep Virgin Australia flying adds another layer of complexity to their bids. It also underlies how perilous and expensive operating an airline can be if you don’t get the fundamentals right. What difference this latest revelation makes on bidding is unknown, but it is going to raise some eyebrows.
Deloitte was approached for comment. They have not responded before publication.
https://simpleflying.com/virgin-australia-seeks-130-million/
here if you need it.
1620825 20050 R20581 Blackhawks on the El Paso/Juarez border with 1620825 glued to it
DISCO05 E-3B Sentry AWACS up from Tinker AFB wn
Federal Reserve Directors: A Study of Corporate and Banking Influence
http://www.save-a-patriot.org/files/view/whofed.html
not a coder either and when this first was dropped last year figured it was something to look at but at a non-coding level it's not something I would need to use. Don't have any personal info on comp either. not easy to do
70% see Japan-US security alliance in positive light: gov't survey
TOKYO (Kyodo) – Nearly 70 percent of people in Japan value the bilateral ties the country maintains with the United States, a recent survey released by the Foreign Ministry indicates.
In the telephone survey conducted March 13-15 involving 1,000 respondents aged 18 or older, 68.9 percent said they favor the security alliance which is based on a 60-year-old security treaty.
Those who held a negative view of the relationship totaled 27.5 percent.
The Japan-U.S. security treaty was signed in January 1960 and entered into force five months later.
Under the treaty, based on a similar pact inked six years after Japan's surrender in World War II, the United States is obliged to defend Japan in the event it is attacked.
To make that possible, the treaty allows the United States to station its military in parts of Japan. Some 54,000 U.S. troops are deployed to bases across the archipelago, the bulk in Okinawa.
South Korea hosts about 28,500 U.S. troops.
The survey also showed the majority of respondents believe Japan and the United States should enhance ties in security and other fields due to North Korea's persistent nuclear threat and the rise of China.
Asked in which areas Japan and the United States should strengthen ties, 78.8 percent of respondents named security, followed by exchanges of people and culture at 76.8 percent, and economy, trade and finance, at 74.7 percent.
A total of 84.9 percent said they perceive the East Asia security environment as becoming increasingly severe in recent years, slightly down from 86.7 percent in the survey last year.
On the Middle East situation, a total of 70.8 percent said Japan should involve itself in efforts aimed at easing growing tensions in the region caused by factors such as Iran's nuclear programs.
https://mainichi.jp/english/articles/20200505/p2g/00m/0na/051000c