Now US Congress has also approved a $2 trillion stimulus package that also includes “a $500 billion government lending program for distressed companies reeling from the impact of the crisis”.
UK and its tax payers have happily cashed in on billions paid in airport taxes, corporate taxes, VAT and income taxes from our industry’s employees, especially from healthy companies like easyJet and BA. But now we are told to find our own solutions through a financial system that’s been bailed out (properly bailed out!) by taxpayers and that’s now showing little interest in finding solutions. The irony......
CP