Originally Posted by
Asturias56
Can't understand why people think airlines/airports should be supported by Govt. ALL industries are affected and many companies will go bust - hotels, restaurants, transport companies, taxi drivers etc for sure
This isn't a single industry issue - a global meltdown is more like it
I'd expect EVERY airline in the world to go into administration and it may be a couple of years before we see (much reduced) restoration of air travel to any thing lie decent levels.
We have to face it - this is going to be "transformational" and a lot of what has taken years to build up is going on the scrap heap in a few weeks.
Precisely.
Tinkering with APD or taxes will make no difference, this has the potential to be a World habit changing event and I am afraid as far as the airline and travel businesses are concerned the results may well be catastrophic.