PPRuNe Forums - View Single Post - Who will survive this and be here in 6 months ?
Old 23rd Mar 2020, 09:02
  #333 (permalink)  
Bend alot
 
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Originally Posted by Mach E Avelli
I'm tipping that when the dust finally settles, only a handful of mega airlines will remain. These will either have been nationalized, backed by middle east oil money,
Oil money has been very limited for well over a decade probable more like 15 years when it was +$100 a barrel, it has long been around $50 a barrel. That is close to cost for many companies/countries, not sure there is much "oil money" left when we are in the $20's a barrel, having a price war and a vast reduction in demand for the product.
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