The chances of this thing being over in the near term is pretty remote: So without wanting to incur a wrath of abuse..
In the UK would you rather support a ‘stipend’ payable to airline / aerospace employees and let the airlines fail - ie look after the people with a time limit of say 12 months / or do you want to be selective and effectively nationalise some airlines, airports, handling agents, even though there will be little or no traffic?
Many industries will suffer terribly and very quickly and the govt could elect to make a stipend payable to people in order to reduce the risk of social unrest whilst keeping people relatively compliant with how the govt wants to resolve things going forward. Investors would lose money for sure but the small print clearly states your capital may be at risk.....
New innovative airlines will be formed the second confidence starts to grow and it wont take long to see a new pivot in airline travel - there will be no shortage of hardware to choose from that’s for sure.
I would expect most train franchises in the UK to be nationalised within the next 60 days... So a precedent does exist in transport!
It will not be a quick process to get scheduled business or holiday traffic back to levels that are expected or required to service the debt and structure of many international airlines, so they have to completely restructure if they can in time or go bust and then allow innovation, technology and a pivot change in creating a new way to operate in the airline business.
So do you save the people or save the company - I’d rather save the people - even if they are unemployed if the govt is contributing say £1500 per month for 12 months - they will not be homeless.... It’s not like they are going to be snapped up by other airlines currently!
??