PPRuNe Forums - View Single Post - UK government says no industry-wide bailout for aviation
Old 28th Mar 2020, 09:21
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Kit Sanbumps KG
 
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Originally Posted by Deltasierra010
the over extended will go first, there are far too many companies that rely on only a few days income to stay solvent and have effectively no assets.
...and sadly they are often vital suppliers to companies whose finances are better managed, and a huge risk is that the former will collapse and take the latter down with them. This is a massive problem for the airlines (mainly freight operators) who are still flying at present, as credit lines are wound in by suppliers who don’t realise that these operators are still buoyant, or the suppliers are seeing their own liquidity disappear. This is where governments need to act most urgently.
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