PPRuNe Forums - View Single Post - UK government says no industry-wide bailout for aviation
Old 25th Mar 2020, 15:48
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Skipness One Foxtrot
 
Join Date: Dec 2011
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Originally Posted by captain8
I can’t feel sad for BA, Virgin , Skyteam et al.
huge profits. Big dividends. Nothing for a rainy day. Stand up for yourselves, and take it on the chin. You won’t make fat and obscene profits this year. And perhaps the public will not be so over indulged with cheap flights anymore, post virus.

The elephant in the room is Norwegian. Cant be too long surely ?
The only way to pay for the re-equipment is the "fat and obscene profits". Unless you make a lot of money, and aviation over the period doesn't, you can't buy new aircraft. The capital costs are ball crunching. But I agree the timing of paying a dividend to shareholders given where we are now, is insane.
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