Originally Posted by
LTNman
If the airline is to be saved then it is down to the shareholders to invest enough capital but it seems they don’t wish to do this despite deep pockets. The question has to be asked why?
Bosses claim company is about to go bust, go to Government with a begging bowl in order to survive. Short time later, also ask for a commercial loan, Gov says no, then the company folds and the bosses blame the Gov for not giving them the money and claim the Gov are the bad guys and it’s not our fault!
Absolutely no way the Gov should be giving financial support given the available cash of the shareholders, as has been said, there’s a very good reason they’re not stumping up their own cash!