PPRuNe Forums - View Single Post - UK government says no industry-wide bailout for aviation
Old 25th Mar 2020, 15:35
  #36 (permalink)  
Good Business Sense
 
Join Date: Dec 2007
Location: UK
Posts: 353
Likes: 0
Received 2 Likes on 2 Posts
Originally Posted by CaptainProp
Commercial equity has all but dried up, even for companies that have preformed very well over long time and that have not required government support before, so I would say probably not.

CP
Agree

Unfortunately, the banks turned off the cash to most in January by holding back credit card sales cash.

.... and if 10% of companies get the interruption loans i'll eat my old uniform.... if you need cash the banks will not take the 20% risk and give it to you.

Good Business Sense is offline