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Old 16th Mar 2020, 20:38
  #1443 (permalink)  
ATNotts
 
Join Date: Oct 2004
Location: UK
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Originally Posted by double-oscar
In the past month TUI raised about £600 million pounds from selling its Hapag Lloyd cruise line into a joint venture. This was to be used in transforming various aspects of the business but obviously it could be put to other uses if needed. Also being a German company I suspect they will probably find it easier to get help from the German government than a UK company trying to get help from the UK government. Just look at Condor.
Indeed, and just look at Condor. The UK government pretended they couldn't give financial help to Flybe, and will doubtless claim the same for other British airlines, blaming "EU regulations" yet other EU states have no issues in assisting their industries. It's just that when it comes down to it the UK government cares only about one sector - financial services.
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