Originally Posted by
virgin mary
Does this mean that any company with a billionaire owning just a part of it should be excluded from receiving any government help??
Who is the biggest shareholder of British Airways/(IAG)? Hmmm, Qatar Airways owns 21% doesn’t it?
Who is the largest shareholder of EasyJet? Hmm Stelios Haji-loannou with 34%
Who is the largest shareholder of the TUI group Alexey Mordashov with 25%
None of them should get anything more than loans. Maybe low interest loans, but that's it. If they fail, someone else will buy the assets and continue flying. The planes, pilots and cabin crew won't disappear.
This is not like the banking crisis. Pulling the plug on airlines won't destroy the entire economy (if it isn't already destroyed by the virus).