View Full Version : Airline Industry Bailout
:ouch: Well when is the Airline industry going to join the "Q" and rightfully get a bailout from Government ? Does this Industry not employ millions as well ?
Pugilistic Animus
4th Mar 2009, 19:27
Heaven forbid the airline execs are going to have to take a 500,000 dollar/yr salary:eek:
NEVER!!!
weido_salt
4th Mar 2009, 21:57
Not within the EU there won't. Brussels does not allow that sought of thing you know. Unless of course AF or LH are in real trouble then the rules will change I would expect.
RevMan2
5th Mar 2009, 06:38
The usual questions asked by responsible governments when assessing the need for financial support are
Was the company financially healthy prior to the the crisis?
Does it have a robust, profitable and long-term business plan?
Is the company (or industry) of systemic significance?
If the answer's "Yes" to all three questions, there might be justification for financial support.
In the case of airlines, of course, you'll get "No" three times.
Sorry about that...
Admiral346
5th Mar 2009, 09:45
Look who's talking, weido!
After having protected the american airlines under chapter 11 for years and years...
A lot of them would have gone belly up a long time ago!
Nic