Originally Posted by
torvalds
Exactly that is my issue here. If a bank (what is an expert in analysing risks and business finances -and it operates in the private sector) doesn't find a company to be worthy of a loan, then why would we ask the "taxpayer" to underwrite it instead?
That is not the issue here. The banks don’t have access to enough funds to bridge all these companies (not only in aviation) through a crises of this magnitude and the issue will only get worse the deeper in to this crises we get.
Take easyJet for example, never made a loss and owns 70% of their fleet. Why not provide loans secured against assets in the company and save jobs?
CP