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Old 3rd Mar 2020, 08:35
  #3536 (permalink)  
brian_dromey
 
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Originally Posted by fernlee
https://www.independent.ie/business/...-39008674.html


He is a awful man, He is doubtless hoping this virus damages our survival plan
It reads as if he gave an honest answer to a question he was asked, would Aer Lingus Regional be effected by the liquidation/administration of flyBe? Its not an unreasonable question or answer. IT seems that airline bookings have fallen off a cliff, as more and more companies suspend (non-essential) travel. Google in Dublin has ordered 8,000 workers to work from home today, for example. BA and Ryanair have cancelled flights and BA revised refund policies for new bookings (but not existing ones - presumably they would like to keep the cash in the business). Hopefully flyBe will be less effected as a predominantly domestic airline, but they are presumably much less resilient to any reduction in cashflow than the likes of IAG, Ryanair and easyJet groupings.
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