Originally Posted by
LTNman
Seems we can add Malta to today’s list unless passengers don’t mind being quarantined.
Buster mentions airports and airlines but let’s not forget LLAL. They have borrowed massive sums for its planned airport expansion so are paying interest payments to the council who in turn have borrowed the money themselves. The Town Hall will be worried as fees to the council will be in free fall not only due to a drop in passengers but due to the diversion of fees to pay the interest payments.
More cuts to local services then, or default on the interest repayments?
Some airline commentators stating it could take up to 18 months for worldwide traffic numbers to climb back to pre-Covid-19 levels, LBC could really be in trouble? I am sure LBC have a Plan B, or let us hope so when income reduces massively?