Originally Posted by
Led Zeppelin
I thought Joyce's comments were directed at even treatment by the government for all airlines, after a suggestion that VAH might be bailed out preferentially and re-capitalised.
Apart from the principal that governments should not be in the business of capitalising private airline operators, the reality is not good for VAH because of its pre existing perilous finance metrics.
QAN has the internal and external commercial financial resources to sustain a significant non flying period, but make no mistake, pilots will eventually be made redundant as it will take years to recover back to a pre COVID position.
It's impossible to know how VAH will emerge from this. Things can change daily.
IMO pilots will be made redundant and we won’t get what is in the contract.